Snoqualmie Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Economic collapse puts salmon revival in jeopardy - Seattle Post Intelligencer(Editor's Note: This story has been changed since it was first published to correct the spelling of Mark Isaacson's last name.) Now the subprime mortgage mess is even affecting salmon. The financial maelstrom touched off by the collapse of the ...
Tacoma police shooting was justified - Seattle Post IntelligencerTACOMA -- Pierce County officials say a fatal police shooting last July in Tacoma was justifiable homicide and no inquest will be held. Prosecutor Gerald Horne says Officer Jared Tiffany had reasonable cause to believe Tony Lamont Clay was a deadly ...
King County median home price falls below $400,000; first time since ... - Seattle TimesThe economic turmoil that gripped the nation in October took its toll on the Seattle-area real-estate market. Sales and new listings in King County both dropped significantly last month, according to statistics released Thursday by the Northwest ...
Heavy Rain Causes Flooding, Evacuations in Western Washington - FOX NewsNov. 12: Jerry Plymire steps over sandbags after helping to prepare the apartment building that he owns for expected floodwaters. SEATTLE — A small dam failed and caused minor flooding in Cosmopolis as heavy rain resulted in flood warnings ...
Thinking about Glenn Rudolph - OregonianGlenn Rudolph has a small show of a few photographs over at Pulliam Deffenbaugh Gallery . I wrote a small blurb about this Thursday. But the show made me recall this story I wrote about Glenn five years ago when he had an exhibit at Tracy Savage's ...
Let it snow... - Spokane Spokesman-ReviewIf there's one thing that affects every one of our readers, it's the white stuff that's falling from the sky. Look for a roadway roundup on page one tomorrow, along with a look at some very happy ski resort managers. Also, two of the three insurance ...
Something in the water - Spokane Spokesman-ReviewThe news that parts of north Spokane are under a boil order due to drinking water contamination came to us late last night, and so we only had time to put together a brief for today's paper. But fret not, we're on the story in force today - one ...
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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