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Perry upbeat on economic health - Houston Chronicle
AUSTIN — Gov. Rick Perry said Monday that the economy in Texas is in much better shape than it is nationally but noted that state government can't take anything for granted. "We're not an island," he said. "As strong as our economy is, we're still ...

Perry meets with leaders to assess economy's impact on Texas - KXAN
AUSTIN - Gov. Rick Perry Tuesday met with leaders of key state agencies for an assessment of the impact of the current national economic situation on their agencies and the people they serve. "During my time as governor, I have encouraged leaders in ...

Kenny Perry wins PGA's "Whiner of the Year Award" - TravelGolf.com
Vijay Singh won the FedEx Cup, and Paddy Harrington might take home Player of the Year. But Kenny Perry wins Whiner of the Year Award hands-down. In the October 3rd issue of GolfWorld , Jim Moriarty reports how Kenny Perry described the Tour ...

Perry meets with officials to discuss Texas economy - Mount Pleasant Daily Tribune
AUSTIN n Gov. Rick Perry Monday met with leaders of key state agencies for an assessment of the impact of the current national economic situation on their agencies and the people they serve. "During my time as governor, I have encouraged leaders in ...

Gov. Perry slams Washington for bailout failure - Laredo Morning Times
AUSTIN — Texas Gov. Rick Perry, saying he’s "sick and tired" of the partisan gridlock in Washington, slammed the federal government Tuesday for failing to agree on a rescue of the U.S. financial markets. "Washington needs to get over the partisan ...

Perry says Texas better off than most in economic crisis - News 8 Austin
AUSTIN – Gov. Rick Perry Monday met with state agency leaders to assess the impact of the nation's current financial crisis. "Although our economy remains one of the strongest in the nation, it is still interlaced with economies of other states ...

Economic roundtable on bailout - Tribune-Star
TERRE HAUTE — More than 100 Rose-Hulman students heard a panel of experts defend a government rescue of the U.S. financial system Wednesday afternoon. A panel of Rose-Hulman Institute of Technology economists, a political scientist and a Terre ...

Frederick M. Triplett, 84, postal worker - Philadelphia Inquirer
Frederick M. "Rook" Triplett, 84, of LaMott, a retired postal worker and community activist, died Sept. 7 at Einstein at Elkins Park Hospital of complications from surgery. Mr. Triplett graduated from Cheltenham High School, where he played football ...

Mercantile Bancorp Completes HNB Bank and Perry State Bank - MSN MoneyCentral
Mercantile Bancorp, Inc. (AMEX: MBR) announced today it has received regulatory approval to combine its two issouri-chartered banks, Perry State Bank, with HNB National Bank, a wholly owned subsidiary of HNB Financial Services, Inc., all entities ...

These 11 CEOs were at the helm of companies that were bruised or ... - CNBC
According to a report released by the US Department of Labor, jobless rates were up in 47 states. Click ahead to see how your state ranks. , one of the largest independent U.S. mortgage lenders, on Tuesday posted a quarterly loss more than five times ...

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Today's Mortgage Terms starting with D

  • Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
  • Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
  • Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
  • Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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