Harrisonburg Mortgage Rates and Information Online from competing Lenders

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News about Mortgages:

U.S. agency 2008 note sales calendar - Reuters
Dec 4 (Reuters) - The following are the sales schedules for Fannie Mae benchmark notes and Freddie Mac reference notes in 2008. Debt issued by the Federal Home Loan Banks is not sold based on a preset calendar, and offerings will be added as they are ...

30-Year Rates At Lowest Since ‘03 - Daily News-Record
HARRISONBURG - The rash of federal government bailouts has had one positive effect on the housing market, according to a local mortgage broker. Last week, the Federal Reserve announced that it would spend up to $600 billion to buy debt issued or ...

Small business loans from credit unions way up - BusinessWeek
One more indicator of credit conditions for small businesses: credit unions are originating a lot more business loans this year. Credit unions, which are not-for-profit, membership-based financial institutions, have not been exposed to the same ...

Reverse mortgages: a retirement option - Winchester Star
Winchester — It used to be that workers could count on their employer-funded pensions to get them through their retirement years. But now many companies are phasing them out in favor of defined contribution plans such as 401(k) and IRA accounts ...

Site Last Modified - Daily News- Record
HARRISONBURG - In a year when home values plummeted across the nation, residential property values in Harrisonburg actually went up 2 to 3 percent this year, according to the just-completed reassessment. That figure is the median, not average, change ...

Association President: Industry Feeling Pressure - Daily News-Record
HARRISONBURG - According to Andy Groseta, a bond between America's beef trade and youth is invaluable. "You have a lot of fresh ideas and enthusiasm," said Groseta, president of the National Cattlemen's Beef Association, to more than 30 FFA and 4-H ...

Obama repeats a campaign staple: Time for change - International Herald Tribune
SUNRISE, Florida : As he races across the country in the climax of a marathon campaign, Senator Barack Obama has honed a final message calling on America to "turn the page" on an era of "greed and irresponsibility," tapping into populist sentiment ...

Is this troubled nation ready for change? - The Independent
Barack Obama's good fortune has been to be his party's candidate at a moment of pent-up desire for change, like Britain in 1997 when the exhausted and broken Tory order fell to New Labour Who, back then, could have imagined what would follow? On the ...

New ownership for Riverwood moves a step closer - Journal Press
The residents of The Riverwood housing complex might not be getting an early Christmas present this year, but if everything continues as planned, they might very well be wishing one another a truly Happy New Year. That's because the Colonial Beach ...

US Navy bigwigs go grassroots for Obama - News-Virginian
STAUNTON — Judgment — on war in Iraq, choosing a running mate and economic policy — is the quality that distinguishes the presidential candidates, former Navy Secretary John Dalton said Sunday at the Staunton Campaign for Change Office. Dalton ...

Today's Mortgage Terms starting with U

Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.

URLA: Uniform residential loan application.

Usury: Interest charged in excess of the legal rate as established by law.

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