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The Government Doesn't Want You to Read This Article About the ... - Safe HavenEditor's Note: This article has been excerpted from a free issue of Robert Prechter's monthly market letter, The Elliott Wave Theorist . The full 10-page market letter, Be One of the Few The Government Hasn't Fooled , can be downloaded free from ...
Commercial Property Bonds May Offer Upside - CNBCCommercial real estate—like its much bigger residential cousin—is starting to get hammered by the credit crisis and slumping economy. But for investors, the news isn't all bad. Regional banks and some real estate investment trusts, or REITs, are ...
Bruins add to strong month, beat Islanders 7-2 - FOX NewsBOSTON — Blake Wheeler and David Krejci set up each other for scores 10 seconds apart in Boston's five-goal third period to help the Bruins pull away for their 10th win in 12 games, a 7-2 victory over the New York Islanders on Friday afternoon ...
PROPERTY TRANSFERS: Oct. 20- 25, 2008 - Glasgow Daily TimesFamily Tradition Housing LLC, Lot 21 of Bent Creek to Shelly D. Thomas and Paul D. Williams, $78. Ken and Mitzy Ford, .578 acres, Lot 56, on Megan Lane to Matt and Becky Wheeler, $20. Sherry Isenberg, Lots 35, 36 and 37, Blk. C. of John Lewis ...
People in Business - Nashville TennesseanTennessee State Board of Accountancy has announced candidates who are Nashville residents who passed the Uniform Certified Public Accountant examination: James N. Lane, April L. Mitchell and Chandar A. Reed of Antioch; Robert A. Argo, Amy E. Mitchell ...
Matter Of Records: December 1 - Wichita Falls Times Record NewsKell Propane vs. M.A. Flaharity, 199 Homestead Ln., $211.40, V3308 P579. AT&T Advertising LP vs. Bruce Harris, 3002 Speedway, $4,396.00, V3308 P853. The Estate of Richard Lynn Fanchier, et al, vs. Wichita Falls Care Center Inc., 7473 Row 25, Orland ...
Federal Reserve plans additional steps to unfreeze credit markets - Monsters and CriticsWashington - The Federal Reserve took two new steps to unfreeze credit for homebuyers, consumers and small businesses Tuesday, committing up to 800 billion dollars in government-backed debt and loans. Members of the Obama Administration economics ...
Unhand that economy, villein! - Meganmcardle.theatlantic.comI've been thinking about this for awhile. How much of this current crisis is just a manifestation of the American--indeed human--will? We're always talking about politicians deluding us and Wall-Street manipulating us, and predatory lenders conning ...
Astonishing parallels between now and 1933 - Lodi News-SentinelThere are astonishing parallels between the perils we face today and the perils the nation faced when Franklin D. Roosevelt came to office in 1933. His first action was to deliver a nearly immortal inaugural speech. This is the gist of what FDR said ...
Fishing lobster not what it used to be - The Chronicle HeraldLobster boat skipper Danny Shand of Clark’s Harbour, Shelburne County, faces the lobster season with concerns about market prices. (BRIAN MEDEL / Yarmouth Bureau) EDITOR’S NOTE: How is the global economic crisis affecting Nova Scotians? We answer ...
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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