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Granddad KO'd repo man, then asked for cuppa - Sydney Morning HeraldTREVOR "The Smiler" King was known for being beaten just once in his 64-fight professional boxing career. Now the 78-year-old has added another notch to his belt. The grandfather of five celebrated another win last week in a bout against two repo ...
No. 1 Tide seeks to avoid Iron Bowl upset - FOX NewsSo Alabama is in line for a potential No. 1 versus No. 2 showdown for a Southeastern Conference championship and national title shot. So the top-ranked Crimson Tide has been bullying the competition while Auburn has been getting picked on. So what ...
Pigskin politics - Chicago TribuneBarack Obama won a presidential election and, as a result, gets to delve into the world of credit default swaps, subprime mortgage derivatives and everything else that makes up the mysterious, arcane and dysfunctional U.S. financial system. Brave man ...
Confessions of a Liberal - Auburn JournalThe intelligent liberal black guy won. We voted in as president the big-city lawyer with the foreign-sounding name. Armageddon, or at the very least, socialism, atheism, gun confiscation, the Rapture and a national epidemic of erectile dysfunction ...
Iron Bowl highlight video - Everything Alabama BlogOur Iron Bowl highlight video is now online. Watch for all the game's scoring plays, some pregame festivities and the postgame celebration. Also, if you haven't already, check out our full Iron Bowl recap , with all of today's newspaper coverage of ...
Iverson sorry for missing Thanksgiving practice - FOX NewsAUBURN HILLS, Mich. — Allen Iverson apologized Friday for skipping a Detroit Pistons practice on Thanksgiving and insisted it won't happen again. The standout guard was the only player who didn't show up when the Pistons worked out Thursday. "First ...
A Win for Civility - Wall Street JournalDemocrats 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 ...
'Green' builder sees great market - Birmingham NewsFor Huntsville builder Mark Harris, seeing homes rise from the ground in Midtowne on the Park beckons back to another era. One might not expect to find bungalow-style homes tucked between West Side Centre and Cummings Research Park, but the ...
Kennewick renter charged with arson - Tri-City HeraldA Kennewick renter who withdrew his homeowner's insurance claim after learning investigators suspected him of setting a recent blaze was charged Wednesday with arson. Joseph G. Martin, 42, is scheduled to appear next Wednesday in Benton County ...
Florida State University - NewsdayCHICAGO TRIBUNE SPORTS BUDGET FOR SUNDAY, NOV. 30 DEADLINES: 10:40 (first), Midnight (final). TOTAL COLUMNS REQUESTED: 65 1: morrissey, irish, bears gizmo, prep gizmo, index (hawks, bulls, verdi) . 2: pompei, scout talk, minn view 3: hawks w/sum ...
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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