Reagan Mortgage Rates and Information Online from competing Lenders

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Obama puts his trust in government - Los Angeles Times
Reporting from Fairfax, Va. -- Republican Ronald Reagan once quipped that the most "terrifying words" in the English language were "I'm from the government, and I'm here to help." Democrat Bill Clinton proclaimed in a State of the Union speech 13 ...

Today's Outrage: Don't the Banks Get It Yet? - Street.Com
As far as lack of oversight, few would question now that tighter regulation of the financial industry is in order. But who is to blame for its breakdown? A culture of deregulation -- pushed by bank lobbyists and endorsed by Republican and Democratic ...

Under the rule of sharks - Bennington Banner
A recent front page article in the Banner by John Waller, with photographs by Peter Crabtree, attached local faces and lives to the epic tragedy that is unfolding in America today. Hundreds of thousands of people, many who were barely making ends ...

Obama lays out his stimulus proposal - San Francisco Gate
Friday, January 9, 2009 "On Friday, we're likely to learn that we lost more jobs last year than at any time since World War II," Obama said referring to the unemployment report that the Labor Department will issue today. In a 17-minute speech that ...

On Native Ground - American Reporter
DUMMERSTON, Vt. -- President-elect Barack Obama clearly won the 2008 presidential election because of the market meltdown. While John McCain and Sarah Palin were refighting the culture wars of the 1960s, Obama turned his campaign into a referendum on ...

Are We About to 'Starve' the Unemployed? - Seekingalpha.com
During the Bush administration, the federal debt " nearly doubled ," going from $5.7 trillion to $10.6 trillion. This was no accident, but rather part of the Republicans' "starve the beast" strategy for shrinking government. While this was going on ...

Liberals use welfare, like Social Security, to expand their political ... - Timberjay Newspapers
Democrats and “Progressives” have traditionally used federal welfare and giveaways to minorities and low income citizens to expand and solidify their political constituent base. President Lyndon Johnson was responsible for merging FICA income ...

Substituting Debt for Savings and Productive Investment - FXStreet.com
By now it must be clear to everyone that the U.S. economy is dependent upon DEBT, and we believe we have reached the debt limit!! It took the resurgence of the stock market bubble in 2003, just a few years after the late 1990s bubble, coupled with ...

Government must restore sanity and control - Iowa City Press-Citizen
I am no historian, but as I recall, the trend toward deregulation began in the Reagan era with deregulation of the airlines, decreasing service to many smaller cities. Two Bushes and one Clinton did little to restore things; instead they kept ...

Obama: Country needs economic stimulus plan - Newsweek
Recommended (6) Year-end Whoppers Clift: Another Kennedy in the Senate? Fineman: What Jesse Jackson Jr. Wants Inside the Case Against Illinois Gov. Blagojevich Clift: Could Obama Become the Next Reagan? Rove: The GOP's Path Back to Power President ...

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Today's Mortgage Terms starting with L

  • Lender: The bank, mortgage company or mortgage broker providing the loan.
  • Loan Application: A statement of personal and financial information needed to apply for a loan.
  • Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.
  • Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan.
  • Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price.
  • Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.
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