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News about Mortgages:
Govt to focus on IIFCL refinance: Montek - Economic TimesNEW DELHI: The government will swiftly implement the re-finance facility it introduced through the India Infrastructure Finance Company Ltd (IIFCL) to provide Rs 75,000 crore for infrastructure projects, Planning Commission Deputy Chairman Montek ...
Govt to focus on IIFCL refinance - Central ChronicleNew Delhi, Jan 5: The government will focus on utilisation of refinance facility extended to IIFCL to provide Rs 75,000 crore for the infrastructure sector projects with a view to arrest economic slowdown, Planning Commission Deputy Chairman Montek ...
'Govt to focus on IIFCL refinance to pump in Rs 75k cr' - Zee NewsNew Delhi, Jan 05: The government will focus on utilisation of refinance facility extended to IIFCL to provide Rs 75,000 crore for the infrastructure sector projects with a view to arrest economic slowdown, Planning Commission Deputy Chairman Montek ...
Govt to focus on IIFCL refinance to pump in Rs 75k cr: Montek - Economic TimesNEW DELHI: The government will focus on utilisation of refinance facility extended to IIFCL to provide Rs 75,000 crore for the infrastructure sector projects with a view to arrest economic slowdown, Planning Commission Deputy Chairman Montek Singh ...
New Delhi, January 5 - TribuneWarning that India's economic growth may slide to about five per cent, leading NRI entrepreneur Lord Swraj Paul, however, affirmed his commitment to investing in India saying he had no doubt it would turn into a major "manufacturing power-house." "My ...
Check Services - Commodity OnlineNEW DELHI : In yet another attempt to boost its economy, Indian government is all set to announce a second stimulus package aimed at aiding specific sectors, including auto, realty and small and medium enterprises. Planning commission deputy chairman ...
Second stimulus package to be unveiled today - Times of IndiaNEW DELHI: The government will on Friday unveil a second stimulus package to give the economy traction through measures aimed at aiding specific sectors, including auto, realty and small and medium enterprises. It had on December 7 announced a multi ...
Govt to unveil eco revival package - Zee NewsIt had on December 7 announced a multi-billion package to prop up demand in all these segments, besides giving a push to infrastructure financing. The first package was aimed at bringing down the price line, evident from the four per cent across-the ...
Additional government measures announced for stimulating the economy - International Business TimesNew Delhi - The Government is committed to taking steps for minimizing the impact of the global financial crisis on the Indian economy. To this end, Government has taken a number of steps since October 7, the most recent being the measures announced ...
Banks, NBFCs get Rs 75,000 crore funding - Times of IndiaNEW DELHI: To increase availability of funds for banks and NBFCs by Rs 75,000 crore, government on Friday announced a number of measures as a part of the second stimulus package. To boost public expenditure, the state governments have been allowed ...
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.
View all Terms