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Employee robbed at Citgo on northwest side - Milwaukee Journal SentinelThe man asked the victim for help with a stalled car, police said. Once the two were outside, the man implied that he had a handgun and robbed the victim. Police did not say how much money was taken. The suspect is described as a black male, 6 feet ...
The Economic Crunch: Foreclosure looms for mother who 'did everything ... - Memphis Commercial AppealEditor’s Note: Since publication of this story in the newspaper this morning, new information surfaced in a subsequent interview with Zorina Bowen. Ms. Bowen is less than two weeks from a Dec. 4 foreclosure unless she comes up with $1,800, not $18 ...
Two more arrested in Stevens Point shooting - Milwaukee Journal SentinelNov. 19, 2008 | Stevens Point - Three people are in custody for a shooting in Stevens Point that left a man wounded and the local high school locked down. Police Chief Jeff Morris says a man and woman have been arrested by detectives in addition to ...
Hip-Hop Rumors: T-Pain Disses NY "Copycat," Katt Williams's Weird Vid ... - allhiphop.comFirst of all, don't forget the late rumors from yesterday! We had that massive Jeezy concert fight! A bad Lil' Kim rumor! You DO know a new war of words is heating up with Jay-Z and Jaz-O, right? OHHH...yeah...click to see them. I want to thank ...
No results yet from Germantown - Milwaukee Journal SentinelNov. 4, 2008 | As of 10:30 p.m., no voting results from the Village of Germantown had been reported to Washington County, according to the county clerk's office, leaving the outcome of two Germantown School District referendums in question. No one ...
3rd try unlikely in Germantown - Milwaukee Journal SentinelNov. 5, 2008 | Germantown - The School Board vice president and the superintendent said Wednesday that they probably would not try a third referendum to build a new elementary school, and warned residents to brace for a property tax increase and ...
The Philadelphia Take: McCain Strategy 'Just Dumb' - New York ObserverBarack Obama and Michael Nutter. In Philadelphia this weekend, Governor Ed Rendell and Mayor Michael Nutter professed themselves utterly unimpressed with John McCain and Sarah Palin's personal attacks on Barack Obama. "I have, like, zero interest in ...
TOP U.S. NEWS PHOTOS - FOX NewsOct. 15: Leonid Hurwicz, one of three Americans to win the Nobel economics prize, is shown. Hurwicz, 90, is the oldest Nobel winner, according to the academy. Oct. 15: Yvette Ibarra, 6, holds a Barbie doll while shopping at a Toys "R" Us store ...
PhillyDeals: PhillyDeals: BlackRock's move to Philadelphia on hold - Philadelphia InquirerBlackRock Inc.'s possible move to Philadelphia is on hold, a hostage to the weak investment markets. Last summer, Pennsylvania and Philadelphia pledged tax breaks to lure up to 1,500 New Jersey-based jobs at the big investment company from central ...
Reviving a grande dame : Blue Stores Hotel gets a makeover - Independent News OnlineANTICIPATION MOUNTS as a whirlwind refurbishing at the old Blue Stores hotel and restaurant accelerates. The 200 plus-year-old building at the nexus of Route 9 and county Route 8 housed a thriving local brunch and buffet business and bar until 2005 ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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