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2008 (2665) - Dakota Voice► January 16 - January 23 (1) Brian has a good point here. When I was in the Air Force, I recall one night when a new guy, fresh out of training, came to work on our shift. In military police work, you rely on your "radio" or "portable" quite a bit ...
In South Dakota Race, Gauging the Impact of a Senator’s Health - The LedgerRAPID CITY, S.D. — Senator Tim Johnson speaks slowly and haltingly, and is sometimes difficult to understand. He moves with a cane, and spends much of his time in a wheelchair. He rarely addresses large crowds, and he has declined a request to ...
Bernanke's last reel - Asia Times"There's no place like home," Judy Garland wistfully exclaims at the end of The Wizard of Oz ; "Rosebud" in Citizen Kane ; the camp doctor crying out "madness" as Alec Guinness gives his life to destroy the bridge he built in The Bridge on the River ...
What is the single most important ramification of the election? - Atlanta Journal ConstitutionBefore I tackle this week’s topic, I must first congratulate Barack Obama. Even the election of a man with whom I deeply disagree makes me proud to be an American. I will probably object to his policy priorities, but the ascendance of our first ...
Sarah Palin, Alaska's next senator? - SalonA huge number of votes in Alaska remain uncounted, and in the balance is the Senate seat of Sen. Ted Stevens, convicted felon. According to Nate Silver , there's a decent chance that challenger Mark Begich will manage to erase the margin of 3,200 ...
The Morning After - Arts JournalNow that America has elected a black fist bumper to the presidency, take a look at the newspaper he has in his hand. Take a close look. The photo, shot during the election campaign, shows him carrying The Wall Street Journal. As everybody knows, the ...
Corrections and clarifications - Milwaukee Journal SentinelAn article Friday in Weekend Cue about John Osmanski, founder of Osmanium's Crackheads chocolate-covered espresso beans, incorrectly stated that one box of Crackheads is equivalent to six cups of coffee, 7 1/2 energy drinks or 11 cans of cola ...
Can we believe it? - bbcIt's interesting to look over all those headlines. I am also glad that the Bush administration is coming to an end, but I mist admit that I don't quite trust this dramatic change in sentiment elsewhere in the world. After 9/11, there was a rush of ...
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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