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Nine years' jail for sex abuse - This is Malvern
A FARM worker who sexually abused four children in the 1970s has been jailed for nine years at Worcester Crown Court. The two boys and two girls were aged from four to 12 and were attacked in a barn, a house, a workshop and a field. Robin Bennett ...

CFL playoffs, Panther basketball in sports spotlight this weekend - Prince Edward Island Guardian
The sports spotlight focuses on today’s Canadian Football playoff doubleheader and it should be a dandy as Edmonton Eskimos travel to Montreal to meet the Alouettes while the star-studded British Columbia Lions visit Calgary to face the hometown ...

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"Joe, you're rich. Congratulations." Senator John McCain said that during last night's Presidential debate in mockery of Senator Barack Obama's explanation of his tax plans. McCain was referring to Joe Wurzelbacher—"Joe the Plumber," the new ...

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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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