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Shaheen faces new landscape - Concord MonitorOn the weekend before the 2002 election, President Bush came to the state to rally support for John Sununu in his Senate race over Democrat Jeanne Shaheen. This weekend, before the 2008 election, Bush is nowhere to be found, but his name has cropped ...
DEALERSHIPS FEELING PINCH Downturn creates 'perfect economic storm ... - Morning SentinelCHECK IT OUT: Robie and Tammy Lyons of Rome and their children Seth and Shelby look over a van at the Central Maine Motors dealership on Kennedy Memorial Drive in Waterville on Sunday. WATERVILLE -- Dave Morrissette has owned Morrissette Inc. Auto ...
Maine puts hopes in housing bonds - Morning SentinelAUGUSTA -- Investment advisers are optimistic, but uncertain, about MaineHousing Executive Director Dale McCormick's announcement Thursday that MaineHousing will be offering bonds exclusively to individual Maine investors. Joel Davis of Joel Davis ...
Auction scheduled for Stenton Trust building - Journal TribuneSANFORD — A five-story mill where workers once churned out cloth under the familiar Goodall name will be on the auction block next week for the fourth time. Three previous auctions set for the vast 13 River St. complex, known locally as the Stenton ...
McCain, Obama Criticize Big Donors' Industry Amid Market Crisis - Yahoo NewsSept. 16 (Bloomberg) -- Barack Obama and John McCain , who criticized and called for more regulation of Wall Street yesterday , count Lehman Brothers Holdings Inc . and Merrill Lynch & Co. among the biggest donors to their presidential campaigns ...
Home : general - Romesentinel.comThe poor economy has Oneida County officials worried that consumers cutting back on everything from buying cars to eating out will mean less money to fund local government. "Right now there definitely has to be concern," Finance Commissioner Anthony ...
Sununu puts emphasis on independence - Concord MonitorMaking the case for his re-election, Sen. John Sununu bills himself as an independent voice willing to tackle tough issues, saying that in his six years in the Senate, he's fought to protect civil liberties, worked to reform entitlement programs and ...
Bangor Daily News Photo Store - Bangor Daily NewsBANGOR, Maine — Adam Goode won Maine’s House District 15 (Bangor) race on Tuesday with more than 70 percent of the vote. He’s 25, by the way. Steven Butterfield, just one year older, had a tighter race in House District 16 (Bangor) against Doug ...
Humane Society looks to expand - Times-ArgusBARRE – The Central Vermont Humane Society has signed a contract to buy Ruby's Run Pet Bed and Board in East Montpelier and plans to close on the sale the first week of December. Ruby's Run will stop boarding animals after the Thanksgiving holiday ...
TV SoundOff: Sunday Talking Heads - Huffingtonpost.comGood morning and welcome to your liveblog of this Sunday morning's political roundtable freakfest. Only two more of these to go until that magical day where the Sunday talking heads subject themselves to the rigorous postgame analysis they've ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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