Moose Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Dancing with the cars: Big Three edition - MarketwatchSAN FRANCISCO (MarketWatch) -- The U.S. markets have entered a dangerous new phase, triggered by plunging financials, lack of economic hope, and relentless broadcasting of wealthy auto executives begging for taxpayer money like so many Olivers at the ...
Employee robbed at Citgo on northwest side - Milwaukee Journal SentinelThe man asked the victim for help with a stalled car, police said. Once the two were outside, the man implied that he had a handgun and robbed the victim. Police did not say how much money was taken. The suspect is described as a black male, 6 feet ...
Eagle Eye Blogs - Daily Telegraph BlogsTags: Barack Obama , Hillary Clinton , Secretary of State So she has taken the plunge. The New York Times reports authoritatively that Hillary Clinton will give up her senate seat and accept the post of Secretary of State, the most powerful and high ...
Two more arrested in Stevens Point shooting - Milwaukee Journal SentinelNov. 19, 2008 | Stevens Point - Three people are in custody for a shooting in Stevens Point that left a man wounded and the local high school locked down. Police Chief Jeff Morris says a man and woman have been arrested by detectives in addition to ...
It's Official: Democrats Have Won 58 Senate Seats - NationThe senior Republican member of the US Senate, Alaska's Ted Stevens, conceded defeat Wednesday in his race for a new term. The announcement by Stevens confirmed that Democrats will have at least 58 seats in the new Senate. And with two contests yet ...
Drill Baby, Drill?” No Time Soon - Canada Free PressToday the sign on the gas station across the street from my office reads $1.87 per gallon. A couple of months ago, none of us expected to see gas so cheap again. Now that the emphasis is on the sick economy, the price of oil has declined ...
'You fear death, mister journalist. Why?' - Guardian UnlimitedA few weeks before my father died, he gave me a photograph of him as a young man on his skis in an Austrian resort, framed by a bank of spring snow. After his death, I kept this picture by my bed, as I believe he intended. He had already made plans ...
Bailout goes from necessary to nightmarish - Atlanta Journal ConstitutionThat $700 billion financial sector bailout that I supported — and do still, but with an exit strategy — is a nightmare in the making. Look what’s happened since the first of the month: Atlanta Mayor Shirley Franklin, smelling a bailout handout ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Great financial slapfights in history: Aaron Burr and Alexander Hamilton. J.P. Morgan and William Jennings Bryan . And now, AIG CEO Edward ...
I’m with Mitt Romney on the Detroit bailout - Atlanta Journal ConstitutionI’ve been reading everything I could find on the proposed bailout of Detroit, trying to come to a definitive conclusion. Part of me wanted to let them fail as punishment for being so blind and obstinent for so long; another part of me worried about ...
Today's Mortgage Terms starting with F
Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.
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