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Depressed yet? Brace for still more bad news - Orlando Sentinel
WASHINGTON - The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit for a single month and projections of up to $1 trillion for a year, a half-million new applications for ...

Judge spares dog's life—for now - Bothell Reporter
Smiley’s appointment with death has been delayed by a judge in Island County Superior Court. Two sides argued Smiley’s fate Wednesday in front of Judge Vickie Churchill, who gave the dog a reprieve in the unusual case. Smiley, a mixed breed dog ...

The New World Financial Order - The Bulletin
Washington - For the past seven years, according to Rep. Jim Moran, D-Va., "We have been guided by a Republican administration who believes in the simplistic notion that people who have wealth are entitled to keep it." Actually, that "simplistic ...

Why did Republicans lose in the 2008 elections? - Town Hall
WASHINGTON -- For the past seven years, according to Rep. Jim Moran, "We have been guided by a Republican administration who believes in the simplistic notion that people who have wealth are entitled to keep it." Actually, that "simplistic notion ...

NORTH: New world financial order - The Washington Times
For the last seven years, according to Rep. Jim Moran , "We have been guided by a Republican administration who believes in the simplistic notion that people who have wealth are entitled to keep it." Actually, that "simplistic notion" has been the ...

Budget deficit hits record - Independent Record
AP Photo/Richard Drew - President George Bush fills the screens as trader Robert Moran uses his handheld device on the floor of the New York Stock Exchange Thursday. Wall Street has launched a massive rebound, sending the Dow Jones industrial average ...

CBJ: Property Transfers & Building Permits - Daily Progress
l Van Yahres, Elizabeth F to Dreyfus, Rhoda M., trustee, unit 207A McGuffey Hill Condominium, $600,000. l Tucker, William D., III to Rosenblatt, Joshua R., parcel on Cleveland Avenue, $179,900. l CBD LLC to Cruz, Victoriano Lopez, lot 16 Roy’s ...

Property transactions - Duluth News Tribune
2100 Water St., W105-A, Ashland Rentals LLC purchased from Beacon Point Condominiums LLC for $1,375,000, residential, 9/08. 2100 Water St., W304-A, Roger Reinardy purchased from Beacon Point Condominiums LLC for $777,500, residential, 7/08. 2100 ...

Housing bust hits north shore - New Orleans Times-Picayune
For the past three decades, the north shore has accumulated new residents faster than the city of New Orleans, and the state as a whole. Builders followed, launching a construction boom that at one point accounted for a quarter of all single-family ...

Economic woes could stifle new apartment development, report says - New Orleans Times-Picayune
Developers will release more than 2,100 new apartments into the New Orleans market by the end of next year, all of them designed and financed before the global financial markets went into a tailspin. The spigot will likely run dry after those ...

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Today's Mortgage Terms starting with D

  • Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
  • Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
  • Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
  • Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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