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News about Mortgages:
Report on economy presents grim future - Northern Virginia DailyThe housing bubble in Virginia is continuing to deflate, and it's taking some air out of the state's economy with it. That's the gist of economic data presented to members of the General Assembly's finance committees during their annual retreats last ...
Banks being affected by Fannie, Freddie bailout - Winchester StarBerryville — At least two local banks have been affected by Monday’s federal government bailout of the mortgage giants Fannie Mae and Freddie Mac. The Bank of Clarke County has 11 local branches, including this one at 202 N. Loudoun St. in ...
Mortgage terms difficult to understand in any language - Winchester StarWinchester — Benjamin Ramos came to the United States 22 years ago from Guadalajara, Mexico, because he wanted to buy a motorcycle. It was a dream the 17-year-old had, and in this country, he could make it come true. Here, he could find more ...
AG: Gouging not high prices - Harrison Daily TimesGas prices had fallen in Harrison overnight, as much as 30 cents a gallon or more in some locations. The lowest price in Harrison was $2.949 Saturday afternoon. Many people have either called the newspaper office or posted comments on the newspaper ...
Former overseers not surprised by fraud allegations - Northern Virginia DailyNEW MARKET — Allegations of financial irregularities within the New Market Volunteer Fire Company detailed in a forensic investigator's report came as no surprise to some former members of the department's financial control board. The company's ...
Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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