Mineral Point Mortgage Rates and Information Online from competing Lenders

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Growth expected to hit 6yr low - Australian Broadcasting Corp.
Economists are expecting official figures out today to show there is been a marked slowing in annual economic growth. The figures are tipped to show the economy expanded by 0.2 per cent in the September quarter, to take the annual growth rate to just ...

Economic growth slows to a crawl - Australian Broadcasting Corp.
New official figures show annual economic growth has fallen to its lowest level in seven years. The National Accounts show the economy grew by 0.1 per cent in the September quarter, less than the 0.2 per cent quarterly growth rate most economists had ...

Five Piping Hot Water Infrastructure Plays - Seekingalpha.com
President-elect Obama wants to stimulate the economy by going the FDR/WPA route of creating two million jobs to fix America's aging roads and highways. He may want to add the country's crumbling water system to his infrastructure To-Do list. An ...

1 in 7 Mexican workers migrates -- most send money home - San Francisco Gate
Roughly 10 percent of Mexico's population of about 107 million is now living in the United States, estimates show. About 15 percent of Mexico's labor force is working in the United States. One in every 7 Mexican workers migrates to the United States ...

Vatican Statement on Doha Meeting - Zenit
VATICAN CITY, NOV. 26, 2008 ( Zenit.org ).- Here is a translation of the document prepared by the Pontifical Council for Justice and Peace and approved by the Vatican secretariat of state on the causes and consequences of the world financial crisis ...

Junior Resources Stocks Likely to Continue to Crash - Seekingalpha.com
Junior resources stocks reside in a realm that has long been considered the Wild West of the equity markets. And investors who speculate on the junior circuit are the consummate gamblers. Risks and rewards are realized in extreme fashion as juniors ...

Perspectives on the markets, with Bruce Kasman, JP Morgan and David ... - CNBC
Investors will have to get used to these "hazardous" market conditions because volatility is going to continue well into 2009, Christian Gat... Chinese Manufacturing Slumps Chinese manufacturing hit a record low in November as new orders absolutely ...

Palin interview tonight - San Francisco Gate
ABC shows excerpts tonight (5:30 Pacific) of Alaska Gov. Sarah Palin's first media interview since being named to the GOP ticket. The full interview from Fairbanks and her hometown of Wasilla will be shown later on "Nightline," plus a prime-time ...

Facing Deficits, States Get Out Sharper Knives - The Ledger
LOS ANGELES — Two short months ago lawmakers in California struggled to close a $15 billion hole in the state budget. It was among the biggest deficits in state history. Now the state faces an additional $11 billion shortfall and may be unable to ...

Jay Bookman - Atlanta Journal Constitution
The entry titled "The "half of Americans pay no income tax" fraud," and any of the comments about it. One of the right-wing’s favorite talking points is the claim that 50 percent of American households don’t pay income taxes. From that claim flow ...

Today's Mortgage Terms starting with P

Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.

Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.

Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.

Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.

Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.

Principal: It is the amount of money borrowed or owed, excluding interest.

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