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News about Mortgages:
Chambliss, Martin Make Final Push Before Georgia Runoff - All Headline NewsAtlanta, GA (AHN) - Sen. Saxby Chambliss (R-GA) and Democrat Jim Martin are making their final push ahead of a runoff on Tuesday for a crucial seat that will put Senate Democrats one race away from getting a 60-vote majority that will block ...
Jim Bishop | Post-Thanksgiving Postulate - Takin’ Care of Business - Augusta Free PressTrying to comprehend what’s happening with the economy is for me much like trying to understand algebraic equations or women - a futile exercise - but, I’ll comment anyway. There may be a bright side to them economic blues, momma. I anticipate ...
Steven Sisson | Don’t just stand there. Give ‘im a pencil - Augusta Free PressIn 2003, the Blue Dog first met Congressman Virgil Goode at the Greene County Strawberry Festival. While shaking hands and passing-out Sisson for Senate campaign literature, I heard a high-pitched shrilled voice calling-out … “Steeeveee Sissssson ...
Deeds Sept 21st thru 30th 2008 - Cecil WhigBertha J. Sager, Trustee, to Barbara S. Dean, George Street, Chesapeake City, $0, September 29. Bertha J. Sager, Trustee, to Barbara S. Dean, 43 Basil Avenue, Chesapeake City, $0, September 29. Jan A. Banker to Jan A. Banker and Fay Walker, 721 Bell ...
Recent foreclosures filed in Madison County - TelegraphThese are mortgage foreclosure cases filed recently in Madison County Circuit Court. The information shown is the case number, the defendant, property address and date of court filing. Oct. 14 08CH1209: Kevin Alexander, Angela Alexander and Madison ...
House values decline again - Seattle Post IntelligencerValues in King, Pierce and Snohomish counties decreased 9.8 percent from September 2007 and 1.4 percent from this August, according to Standard & Poor's S&P/Case-Shiller Home Price Indices. The year-to-year drop was the eighth consecutive record for ...
Sex offender files lawsuit to get off list - Atlanta Journal ConstitutionThe lead plaintiff in a federal lawsuit that seeks to overturn parts of Georgia’s sex-offender registry law is now trying to eliminate her classification as a sex offender. Wendy Whitaker’s status as an offender violates the Constitution’s ...
Report: Whatcom County home prices flat in third quarter - Bellingham HeraldIt was a flat 12-month period for home price appreciation in Whatcom County, which might be considered a positive for local homeowners when compared to the rest of the state. At the end of September, home prices in Whatcom County had depreciated by ...
Deeds Oct 22nd thru 31st 2008 - Cecil WhigChandler H. Gebhart, III, to Carl D. and Linda K. Becker, Bohemia Bay Yacht Harbor, Chesapeake City, $64,000, October 22. Jennifer R. and Thomas H. Clark, Jr., to Jennifer R. Clark, 224 Biddle Street, Chesapeake City, $0, October 24. Helena A. DuPont ...
Sears Tower may lose key tenant -- in 2012 - Chicago Sun-TimesIt looks as if Sears Tower will lose one of its oldest and largest tenants, although the financial pain may be deferred for its New York-based ownership. The consulting firm Ernst & Young is hustling to complete by year-end a deal to relocate to an ...
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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