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News about Mortgages:
From the police report... - Spokane Spokesman-ReviewState Rep. Geoff Simpson, D-Covington, was arrested Sunday afternon on charges of fourth degree assault and interfering with reporting of domestic violence. He says -- see below -- that the charges are baseless and that he'll be exonerated. In ...
Beloit ties in apparent murder-suicide - Beloit Daily NewsMADISON, Wis. (AP) - A Middleton father accused of killing his 12-year-old son before shooting himself has died of his wounds. Madison police who discovered the two mortally wounded in a parked SUV on Tuesday released no information on a possible ...
Dutter deaths shock those close to the family - Wisconsin State JournalOnce a week last summer on a pasture in southeastern Wisconsin, Ryan Dutter could be seen walking alongside a horse with his 12-year-old son Kyle, who sat atop the horse holding the reins. The father and son were regulars for more than two years at ...
Father Accused Of Killing Son Dies From Self-Inflicted Wounds - Channel 3000Dane County Coroner John Stanley said that Ryan Dutter, 36, died at University of Wisconsin Hospital on Wednesday afternoon from a self-inflicted gunshot wound. Dutter's son, Kyle, died from a gunshot wound on Tuesday, according to the coroner. Kyle ...
The consequences of a Dem sweep - Atlanta Journal ConstitutionLinda Feldman of the Christian Science Monitor has a nice piece this morning looking at the possibilities and pitfalls of one-party rule. It also includes an interesting nugget I’d missed from the recent Washington Post poll. A few excerpts ...
Pike board approves toll hike - Boston GlobeThe Massachusetts Turnpike Authority board voted 4-1 today in favor of an unprecedented toll increase, approving a 75 cent hike at the Weston and Allston-Brighton tollbooths and a $3.50 surge at the Sumner and Ted Williams tunnels. The plan would ...
What should NY cut? - Syracuse Post-StandardDanger Democrat at the Upstate Blogs Network notes that the governor's budget calculator allows only for cutting, not finding new revenue sources. SYRACUSE, NY -- Gov. David Paterson wants to know what Central New Yorkers think about the state budget ...
INDUSTRY NEWS & PEOPLE January 2008 - Business Travel ExecutiveThe Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...
You Might Be Racist When ... - Advertising AgeAs we close in on one of the most historic presidential races of all time, we are constantly reminded that racism is very much alive and kicking in America. I'm not sure if it's the death roll of a system in decline or simply an era where everyone is ...
Police investigate overnight fires; 1 called arson - Milwaukee Journal SentinelThe fire occurred about 3 a.m. in the 3200 block of N. 11th St. Firefighters found the blaze on the first floor of the 2½-story wood frame home, according to Battalion 2 Fire Chief Dan Holton. The American Red Cross responded to the scene to help ...
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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