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Profile: Diane LaVallee - Buffalo NewsOn first impression, Diane M. LaVallee seems too cheery to be a hard-nosed district attorney. She appeared light-hearted several days ago while extending a lanky arm and a smile to each of the 60 Cheektowaga police officers hunkered down over a meal ...
Proposition 5 is a looming criminal disaster - Record SearchlightProposition 5 is the latest attempt to decriminalize illegal drug usage. The extremely lengthy and convoluted proposition disguised as a "rehabilitation" measure, in reality, increases "chances" for drug users and decreases accountability. Everyone ...
UN rates best and worst countries to live in - Los Angeles Times BlogsI couldn’t get into my National Geographic newsletter fast enough this morning. Their headline, UN Rates Best, Worst Countries . I was more curious to see which country they wanted to name as the worst than the best (Iceland). The study came from a ...
Provisional ballots could save schools - Morning JournalLORAIN — Though voters rejected Lorain City Schools' five-year, 4.9-mill additional tax levy on Tuesday, the levy could still have life. There is a slim chance the final outcome from the election could hinge on 500 provisional ballots still to be ...
Coming Soon: SR to Release E-mail Exchanges ... (Not so fast...) - Spokane Spokesman-ReviewUpdate: After reviewing the messages and our options (none good), we've decided not to post the messages. Here's the situation: Of the 50 messages, a few have explicit photos embedded in the message. We can't publish those photos (one shows a toddler ...
Retailers try a little of everything to attract skittish holiday ... - Cleveland Plain DealerLisa DeJong/The Plain Dealer Even Christmas decorations are on sale already in Macy's at Great Northern Mall in North Olmsted. The Commerce Department reported Friday that retail sales fell by 2.8 percent last month, the biggest drop on record. Deep ...
Wild Card/Vacation Day 11 of 12 - Spokane Spokesman-ReviewOnly two more shopping days until I return to the final days of the City Council campaigns. Then, we'll have fun taking apart the campaigns. Any dirt yet? Any mudslinging. You know, the good stuff. Or is everyone behaving? My wife is now looking over ...
Catholic church reorganization: Lakewood cluster undecided about which ... - Cleveland Plain DealerPhotographs by Chris Stephens/The Plain Dealer Longtime parishioner Frank Stasko sits in St. Clement Catholic Church, one of three Lakewood parishes that face an uncertain future in a Cleveland Catholic Diocese reorganization plan. "It's all in God's ...
USA 2008: The Great Depression - Common DreamsWe knew things were bad on Wall Street, but on Main Street it may be worse. Startling official statistics show that as a new economic recession stalks the United States, a record number of Americans will shortly be depending on food stamps just to ...
Local swingers think life is a bowl of cherries, but Duncanville wants ... - Dallas ObserverThe Trinity River Project should be floating right along. Instead it's sinking under the weight of its own folly. His resolve eroded, ego fed to the furnace and suicide notes written, Greg Williams is a trigger pull from eternal mute. He is besieged ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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