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News about Mortgages:
Assessors strive for fairness - Caspar Star-TribuneBefore two county assessors explained their jobs to a group of Natrona County legislators on Thursday, they posted two somewhat inconvenient phrases highlighting the difficulties they and property taxpayers face: "What's fair isn't necessarily simple ...
Wyoming Briefs - Caspar Star-TribuneCHEYENNE -- Wyoming banking officials said Thursday that banks in the state remain financially sound despite the nation's economic turmoil. It's a message they've been sharing with an increasing number of customers worried about protecting their ...

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Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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