Shenandoah Mortgage Rates and Information Online from competing Lenders

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Mystery of green signs revealed - Republican & Herald
For those who don’t speak Spanish, the bright green signs along Centre Street in Pottsville, Route 61 near Frackville and Route 924 near Shenandoah are a mystery. Those who call the toll-free number on the bottom of the sign are connected to the ...

Linda Kurtz gets post at The Marque in Gainesville - Inside Nova
Linda Kurtz was recently hired as director of marketing at The Marque at Heritage Hunt in Gainesville. "The Marque is a beautiful community and I am very pleased to lead their marketing efforts," said Kurtz. "I am working on a number of initiatives ...

New programs in store for county court - Republican & Herald
Officials will add a few new programs to the Schuylkill County Court system in 2009, but will mostly stick with what they believe has worked. “We will just continue what we’re doing,” President Judge William E. Baldwin said this week about what ...

No. 1: The economy - Winchester Star
Winchester — It’s been called the mortgage crisis, the housing slowdown, the economic downturn, and the credit crunch. Some alarmists even called it the second Great Depression. A line of people waits at the former Rich food-products plant on ...

2009: spending less, cutting back - Greene County Record
This New Year people in Greene are resolving to save money. For some, like Earl Proper of Ruckersville, it has been a necessity. Proper is an archaeologist who says he was forced to take a “temporary furlough” when the construction industry took ...

Today's Mortgage Terms starting with I

Index: An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.

Initial Rate: The rate charged for the first interval of an ARM loan.

Interest: Compensation in the form of money paid for the use of money.

Interest Rate Cap: Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.

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