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Tom Richmond: Prince of Darkness finally sees the light - yorkshirepostI'M surprised that a man of Peter Mandelson's importance needed taxpayer-funded lessons on the use of his personal BlackBerry when the Downing Street switchboard is at his beck and call. But, on the other hand, Gordon Brown will probably argue that ...
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Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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