Crump Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Career Moves - Raleigh News & ObserverStory Tools Donald R. "Don" Edwards has been named project manager at Southern Industrial Constructors/Southern Crane, industrial contractors in Raleigh. Jason Newton, a partner with Yates, McLamb and Weyher law firm in Raleigh, was elected treasurer ...
Jurors hear confession tape in Randolph murder trial - Newark Star-LedgerAfter police caught Jonathan Zarate and two teen-agers trying to dump a trunk containing a Randolph girl's beaten and dismembered body into the Passaic River in Rutherford, Zarate told an investigator he had found his next-door neighbor dead. "I ...
Slowly, mortgage help comes - Buffalo NewsAs federal agencies and the mortgage industry announced new initiatives last week to speed help for struggling borrowers, three of the area’s biggest lenders say the new efforts won’t change what they do because they’ve already been proactive ...
Crescent State Bank - PR.comMichael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced that Betty Crump, community banker for the bank’s Apex branch ...
Flood map could have huge cost - Oroville Mercury-RegisterOROVILLE — Federal regulations and governmental maneuvering to avoid future liability could cost Butte County millions of dollars or suddenly plop Chico, Biggs and Gridley into the middle of a flood plain. At its core, the situation centers on the ...
Petitions now tool in payday loan fight - Arizona Daily StarUsing payday loans to get through the holidays could be a recipe for financial disaster, said Steve Bucci, a Rhode Island-based financial adviser who writes the weekly Debt Adviser column. He suggests: • "Rather than use a payday loan, try to give ...
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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