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Holidays can be season for crime, police warn - Burlington Free PressSource: Burlington, South Burlington, Williston and Winooski police departments. More tips online Police and criminals seem to agree on the rule of thumb for holiday theft: Opportunities abound, but what a thief can't see, he's less likely to steal ...
Hub developer to bid for Longhill Gardens site - Union-News & Sunday RepublicanSPRINGFIELD - Proposing a $20 million affordable-housing project at the boarded-up Longhill Gardens condominiums, a Boston developer will seek to purchase the site at an auction on Dec. 4. Gilbert J. Winn, vice president of WinnCompanies of Boston ...
Wachovia Laying Off 63 At Waterbury Site - Hartford CourantWachovia , which is being acquired by San Francisco-based Wells Fargo, is closing retail mortgage processing operations in Waterbury and will lay off 63. The processing center is closing because of the economic downturn and a shrinking volume of ...
Wachovia Corp. - Chicago TribuneNEW YORK (AP) _ The Thanksgiving shopping weekend may not have been the disaster some had feared, but unprecedented discounts and tempered buying likely resulted in overall soft sales as a buying binge on Friday quickly fizzled. Now, online retailers ...
Webster to suspend foreclosures - New Haven RegisterWATERBURY — Webster Bank, a subsidiary of Webster Financial Corp., Thursday announced a 90-day moratorium on home foreclosures for Webster-owned mortgages, and a plan to expand mortgage assistance programs to keep families in their homes. Webster ...
Three arrested for deer jacking - Times-ArgusWATERBURY – Game wardens have arrested three people for illegally killing five deer at night using a crossbow and flashlight. Lucas Ashley, 28, of Shelburne, Jason Trieb, 26, of South Burlington and William Mitchell, 50, have all been charged for ...
Winooski company recognized for environmental work - Vermont GuardianWATERBURY —Reuse and recycling, energy conservation measures, and use of an alternative fuel vehicle have led to state recognition for a local eBay drop-off and consignment store. Global Garage Sale, in Winooski, has been recognized by the ...
Latest newspaper endorsements for John McCain and Barack Obama in ... - Minneapolis Star TribuneThe United States and the world are on the brink of a major economic recession. Our nation also is troubled by unending war against terrorism, immigration laws in desperate need of reform and spiraling health care costs. But at the top of this ...
W. Haven suffers state rebuke on its fiscal condition - New Haven RegisterFinances in West Haven are still deteriorating and swift action — including the possibility of raising taxes — must be taken to get the city back on track, according to the state Municipal Finance Advisory Commission. Advisory commission members ...
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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