Afton Mortgage Rates and Information Online from competing Lenders
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home improvements, consolidate your debt, or get a mortgage as low as $695 per month. The fastest and easiest way to get a mortgage in the state
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News about Mortgages:
Golden Friday lifts TSX 430 points - Vancouver SunCanadian stock markets rallied sharply in the final hour of trading on Friday as gold stocks soared and U.S. president-elect Barack Obama prepared to name a popular choice to head the Treasury department. The S&P/TSX Composite index surged 430.63 ...
TRADING DAY: Friday's markets - Vancouver SunVANCOUVER -- Canadian stock markets rallied sharply in the final hour of trading on Friday as gold stocks soared and U.S. president-elect Barack Obama prepared to name a popular choice to head the Treasury department. The S&P/TSX Composite index ...
Business Bankruptcies - Minneapolis Star TribuneThis is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number following the filing date is the case number. A Chapter 7 petition is for liquidation of the businesses; Chapter 11 (or ...
Washington County hopefuls share thoughts - Minneapolis Star TribuneTwo Stillwater men are vying for the District 3 seat on the Washington County Board of Commissioners. Unlike the other two Washington County commissioner races, the third district contest does not revolve around the transit tax debate. Gary Kriesel ...
Indian teen thrown under train for writing love letter - USA Today BlogsA 15-year-old boy was beaten, mocked and then thrown in front of a moving train Tuesday in eastern Bihar state, according to The Times of India . His crime? Falling in love with a girl from a different caste. "Fifteen-year-old Manish Kumar was ...
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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