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Away from the camera, into the crisis for WJZ's Sher - Baltimore SunR ichard Sher , who announced his departure from WJZ this week after 33 years of reporting and anchoring, says he isn't completely done with the news biz. I'm not sure he was ever completely in it. Among the "many accomplishments" listed on his new ...
Some Rochester-area schools keep watchful eyes on students stealing an ... - Democrat and ChronicleOn school day mornings, private investigator Kevin Degnan can often be found hunkered down in a nondescript car, staking out street corners in Greece neighborhoods, waiting for the school buses to come. His target: children. What he's watching for ...
Finishing touches - Baltimore SunWith housing prices down, mortgage loans tougher to come by and unemployment rates rising, homeowners are increasingly deciding to stay put and make do with what they have. But when what they have isn't enough, many homeowners are looking down ...
10 ways to protect your home investment - Baltimore SunYou flip the switch and the heat goes on. You make your mortgage payments and your lender is not threatening you. So all's right with the house. Or not. The furnace needs professional maintenance to run efficiently and the mortgage isn't the only ...
Layoffs and Downsizing - Chicago TribuneIllinois government faces a budget crisis. A big one. The deficit is growing, bills are piling up, state services are being cut and officials have no easy ways of cleaning up the mess. Here's a look at what the state faces and what it means for ...
Relatives knew Syracuse couple spanked baby too hard - Syracuse Post-StandardHeather Bragman / The Post-Standard Relatives of Imani Jennings, the 20-month-old girl who was beaten to death, console one another during a vigil held outside the baby's home on Fage Avenue in Syracuse. Pictured from left to right are: Darrell Demps ...
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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