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Tainted Baby Teething Drug Kills 25 Children in Nigeria - FOX NewsLAGOS, Nigeria — Teething formula tainted with a toxic thickening agent has killed 25 children in Nigeria, prompting regulators to yank it from shelves and shut down its manufacturer, officials said. The national food and drug administration were ...
November 2008 - Palm Beach InteractiveGov. Charlie Crist wants to have a temporary foreclosure freeze in place by next week, he said this morning. Crist said he is meeting with bankers to try to come up with a deal without having lawmakers involved that would stall foreclosure ...
UPDATE 4-Teck cuts dividend, sells assets to pay down debt - ReutersTORONTO, Nov 20 (Reuters) - Teck Cominco (TCKb.TO: Quote , Profile , Research , Stock Buzz ) will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt ...
Best mortgage rates - Toronto StarCanadians received more proof yesterday of the global credit crunch hitting home after this country's biggest banks began hiking their residential mortgage rates in an effort to recoup higher funding costs from their customers. The interest rate ...
Teck suspends dividend - Montreal GazetteTeck Cominco will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt from its acquisition of Fording Canadian Coal Trust, the company said yesterday. The ...
Teck Drops to Lowest in 20 Years After Dividend Cut (Update2) - BloombergNov. 20 (Bloomberg) -- Teck Cominco Ltd. , Canada's largest diversified miner, dropped to the lowest price in 20 years after announcing it would halt dividends and cut spending to repay debt from last month's purchase of Fording Canadian Coal Trust ...
Oil Supertanker Owners in Ransom Talks With Somali Pirates - FOX NewsThe Sirius Star tanker conducts a trial run in South Korea in this undated file photo. The Saudi foreign minister says the owners of a hijacked oil tanker are negotiating with the pirates that are holding it. Prince Saud Al-Faisal spoke Wednesday ...
Republican leaders rouse crowd waiting for McCain in Coral Gables - Palm Beach InteractiveCORAL GABLES — John McCain was still campaigning in New Hampshire when the doors at the Bank United Center opened tonight and the arena began filling with thousands of his supporters. The Republican presidential nominee himself isn't expected to ...
McCain to make midnight Fla. pitch - Palm Beach InteractiveJohn McCain is expected to attend a rally in Coral Gables shortly after midnight tonight, then appear at a rally in Tampa on Monday morning as he makes a final bid for Florida’s 27 crucial electoral votes. In the meantime, former New York mayor and ...
Fidel Castro Slams Bush Speech - La Prensa LatinaHavana, Jan 30 (Prensa Latina) President Fidel Castro said that the speech by US President George W. Bush at the Congress is the worst of them all on account of its demagoguery, lies and total absence of ethics. In his Wednesday"s article entitled ...
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.
View all Terms