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Family man tried to save son in fire - Baton Rouge Advocate
A weekend trip to see relatives in rural St. Tammany Parish turned into a family tragedy early Sunday morning when a Baton Rouge man and his 3-year-old son died in an accidental house fire. Andrew D. Crawford, 40, a Baton Rouge mortgage broker, was a ...

Buyers get single minded - News.com.au
Paying a mortgage on your own sounds daunting, but falling house prices and interest rates, combined with bolstered grants for first-home buyers, are making real estate a greater possibility for singles. In fact, Sydney’s rental squeeze is ...

REAL ESTATE - News-Democrat
• 2000 S. 11th St.; from Beverly Elge, trustee; to Gregory Harris; $30,000. • 318 W. Cleveland Ave.; from Christy L. Hancock and Roger L. Hancock; to Paul Steigerwald; $75,000. • 6 Pageant Court; from Mary J. Daugherty; to John Brown and Kylee ...

Some Rochester-area schools keep watchful eyes on students stealing an ... - Democrat and Chronicle
On school day mornings, private investigator Kevin Degnan can often be found hunkered down in a nondescript car, staking out street corners in Greece neighborhoods, waiting for the school buses to come. His target: children. What he's watching for ...

Hiller, Getzlaf help Ducks blank Blackhawks 1-0 - FOX News
ANAHEIM, Calif. — Jonas Hiller made 26 saves and Ryan Getzlaf scored late in the second period to help the Anaheim Ducks beat the Chicago Blackhawks 1-0 on Friday. Getzlaf sent a backhand past Cristobal Huet with 4:41 to play in the second and ...

A Win for Civility - Wall Street Journal
Democrats will fall short of a 60-seat Senate supermajority in the 111th Congress. Unofficial results , with 97% of precincts reporting, show Sen. Saxby Chambliss with a wide lead over challenger Jim Martin, 57.4% to 42.6%, in Georgia's runoff ...

Power Shift 2009 - Nation
In November of 2007 the Energy Action Coalition brought together more than 6,000 young activists for the first ever national youth conference to solve the climate crisis. Watch highlights from the historic and inspiring Power Shift. This February 27 ...

State Supremes: unsubstantiated allegations of teacher sexual ... - Spokane Spokesman-Review
In a case where the 11 petitioners are all known as John Doe, the state Supreme Court ruled 6-3 this morning that unsubstantiated allegations of teacher sexual misconduct can be withheld from public disclosure. School districts can investigate any ...

November 2008 - Weekly Standard
The terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...

City Council votes to refinance Del Mar Shores School mortgage - San Diego Union-Tribune
DEL MAR – To save money on interest and buy more time for a fundraising drive, Del Mar city leaders have decided to refinance the mortgage on a surplus school site that will become the city's newest public park. Del Mar Shores School closed in 1970 ...

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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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