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Berks County Week in Review - Reading EagleA recap of the week’s top news stories including State Representative Doug Reichley criticizes Gov. Rendell for bailing out Boscov’s, Reading City Council approves a property tax hike, UGI announces rate cuts, and security measures are being ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Homeowners' new reality: You're suddenly poorer - Globe and MailAdil Burney from Canada writes: For 2009, CREA is delusional. Suppose we end December 2008 at -9% YoY. To end up a -2% for the full year 2009, we would probably have to bottom in December 2008 and then get to a around 7% by late 2009. CREA is talking ...
Woodstock still the longshot - 333-1 to be exact - Atlanta Journal ConstitutionFor Class AAAAA, it’s a minimum of 6,000 for the SF. But this year, schools may use portable seating to get to 6,000. Before, it was permanent seating. So I think Newnan can get to 6,000 with portable seating. If not, Newnan can move the game to a ...
Calm down! He's not President of the World - Times OnlineWhen half of mankind seems lifted by hope, nothing looks meaner than to disparage the dream. But what is this Obama mania? The world did not change for ever on Tuesday. No messiah has come among us. Miracles have not become possible. There is no new ...
Read our live blog from Michigan polling places - Detroit Free PressA group of more than a dozen Wayne State University medical students set out this afternoon with hundreds of bottles of water, dropping by several Detroit polling stations to make sure voters remained hydrated. They thanked them for voting, handed ...
BUSINESS LICENSES HENRICO - Inrich.comThe following are recently issued business licenses in Henrico County. Crackmaster Glass Windshield Repair and Plastic Restoration LLC (personal services); licensee same, 1501 Lothbury Lane, Richmond 23238. Shalom Enterprize (artist); licensee ...
Small men of confederation - Globe and MailJim Q from Halifax, Canada writes: Well, Adam, hate to say I told you so.... but..... well, everyone else saw this coming. Darwin O'Connor from Toronto, Canada writes: Manitoba and Quebec banned corporate and union donations without public funding ...
Business calendar, 11/28 - Denver PostColorado Women's Chamber of Commerce, brown bag lunch with image consultant Lori Ryno, 11:30 a.m., 1624 Market St., Suite 340. Information: www.cwcc.org NIRI Rocky Mountain, 11:30 a.m., Denver Athletic Club, 1325 Glenarm Place. Information: www ...
Several famous and interesting people buried in foothill cemeteries - Union DemocratCalaveras County Sheriff Ben Thorn was born in New York and grew up in Chicago. He arrived in California in the fall of 1849 with the first rush of gold seekers. The Calaveras Prospect wrote his obituary Nov. 18, 1905, and it said Thorn came directly ...
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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