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News about Mortgages:
Deed transfers for the Dec. 1-28 edition - Star-BannerWarranty deed transfers in excess of $80,000 involving businesses as recorded at the Marion County Clerk of the Circuit Court's office from Sept. 29-Oct. 24. Compiled by Darrell G. Riley: Oct. 20-24: Steven Dube to S & S Group LLC. Marion County: $98 ...
REAL ESTATE - News-Democrat• 2000 S. 11th St.; from Beverly Elge, trustee; to Gregory Harris; $30,000. • 318 W. Cleveland Ave.; from Christy L. Hancock and Roger L. Hancock; to Paul Steigerwald; $75,000. • 6 Pageant Court; from Mary J. Daugherty; to John Brown and Kylee ...
A variety of news around Oregon and the Northwest - Ashland Daily TidingsPORTLAND — Sen.-elect Jeff Merkley says he plans to offer a bill to ensure federal timber revenue to cash-strapped Oregon counties when he takes office. The Oregon Democrat says the first goal is a sustainable timber harvest, to preserve logging ...
STANTON BARRETT RISKS HIS LIFE SO HE CAN RISK HIS LIFE - FOXSports.comI'M WARNING you at the door: This is a love story with no satisfaction. It's got plenty of Hollywood but none where you really need it. The hero will do anything to possess the one he has loved since adolescence. He'll run through flames, jump off ...
Tories reverse decision on political subsidies - Globe and MailCal Davidson from Canada writes: 'The memo urges MPs to fan out to their ridings this weekend and sell the government's message through forums such as talk radio. Mr. Giorno's e-mail stated that MPs must show that the current dispute with opposition ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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