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Green Tech - CNET NewsThe U.S. Army plans to install a 500-megawatt solar thermal power farm at a Fort Irwin, Calif., base as part of its bid to reduce a $3 billion annual energy bill, spent mostly on installations. Nellis Air Force Base solar panels. (Credit: U.S. Air ...
UPDATE 1-Bhs full-year profit down 4O pct - ReutersLONDON, Oct 7 (Reuters) - Bhs Group, the department store retailer owned by Philip Green, posted a 40 percent fall in full-year operating profit and for the fourth year running he did not pay himself a dividend. For the year to March 31 the group ...
Bhs full-year profit down 40 pct and no dividend - International Herald TribuneBhs Group, the department store chain owned by billionaire Philip Green, posted a 40 percent fall in full-year operating profit on Tuesday, and for the fourth year running Green decided not to take a dividend. Green told Reuters the trading outlook ...
Bernanke, Paulson, Trichet May Act to Unblock Lending (Update1) - BloombergOct. 7 (Bloomberg) -- Ben S. Bernanke and his fellow global policy makers may move to unblock markets for loans between banks and commercial paper as their next steps to combat the 14- month credit crisis. In the U.S., Federal Reserve chief Bernanke ...
As Fear Gripped Markets, Even Reliable Mutual Fund Strategies Didn't ... - Washington PostResize It's been a rocky year for all investors, but for those who parked their money in mutual funds, it's been downright shocking. The public's crisis of confidence in the stock market, in the economy and in the country's political leadership ...
Bernanke, Paulson, Trichet May Move to Unblock Bank Lending - BloombergOct. 7 (Bloomberg) -- Ben S. Bernanke and his fellow global policy makers may move to unblock markets for loans between banks and commercial paper as their next steps to combat the 14- month credit crisis. In the U.S., Federal Reserve chief Bernanke ...
Investors' strategy: Play it safe, simple - Fort Wayne Journal GazetteHigh risk … high reward. Sure, you know the saying. But do you know whether it’s true? And what about the opposite: Does meager risk doom you to reap meager rewards? Some local investors say no. And, believe it or not, the current market chaos ...
It's a hot race in the third - Minneapolis Star TribuneAs the candidates faced off, the debate got heated. DFLer Ashwin Madia took aim at a vote by Republican state Rep. Erik Paulsen that would have let public schools use creationism and intelligent design to rebut evolution and another supporting a ...
Just ducky! - Arlington Heights PostRubber ducks traveled around the Dawes Park lagoon by the lake Saturday as volunteers, children and observers just interested in the spectacle cheered them on in a fun gathering for a good cause. The event, not really a competition, serves as a fund ...
Will Media Ignore Mark Warner's Obama-like Gaffe on Gun Owners ... - News BustersWith Virginia as a battleground state in the 2008 election and given Democrat Barack Obama's damaging gaffe earlier this year about rural voters clinging " to guns or religion ", a new gaffe by another Democrat should be worthy of media attention. It ...

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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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