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PARKS SENT TO CYBERIA - New York PostNo more Googling in the park. Free wireless Internet connections in city parks are the latest victims of the free-falling economy. Wi-Fi Salon, the company under contract with the city to provide the free connections, had to pull the plug when ...
PROPERTY TRANSFERS: Dec. 8- 13, 2008 - Glasgow Daily TimesLouise, Myrtle Louise Brown Smith, Lot 32 in Pure Bred Acres, Simmental Lane, to Gary M. and Linda F. Taylor, $82.50. John T. Steffey, two tracts on Bowling Green Road to Randy and Jane G. Steffey. Edward R. and Nancy S. Foster, Lester D. Reeves ...
O-line makes coach proud - FOXSports.comMOBILE, Ala. The economy is wobbly as Tulsa prepares for a second consecutive GMAC Bowl, but assistant coach Herb Hand is comfortable enough to risk this investment: He's staking his future on kids who splash around in dirty water and pretend to be ...
Lingering cloud likely for Toledo-area economy in '09 - Toledo BladeFACING unemployment in 27 days, John Rodriguez, Jr., gave up a house on which he no longer will be able to afford the payments, endured a Christmas short on cheer, and signed up for job re-training. "It ain't the way it's supposed to be, but it's the ...
December 2008 - Weekly StandardIn some ways, the most important — or at least second most important — thing to happen in the Middle East this week is that Hezbollah leader Hassan Nasrallah went too far, calling for the overthrow of Egypt’s government. Egypt’s Foreign ...
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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