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News about Mortgages:
Editorial: Patrick's push for a Pike merger - MetroWest Daily NewsBy political and fiscal necessity, Gov. Deval Patrick seems to be turning into the reformer we hoped he would be from the beginning. And a budget crisis may provide the muscle his reforms will need to get through a historically reform-resistant ...
September 2008 - Weekly Standard"I don't think me calling House Republican members would have been that helpful. I tend not to be that persuasive on that side of the aisle." - Barack Obama, acknowledging he doesn't know how to do bipartisanship and that his whole post-partisan ...
2008 (2169) - Dakota Voice► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...
Mortgage rates drop nearly half a point after government takeover of ... - Cleveland Plain Dealer BlogMortgage rates took the biggest one-week plunge in more than 25 years, and the drop below 6 percent could help home buyers and people who want to refinance. The average 30-year rate dropped to 5.93 percent fixed, mortgage giant Freddie Mac said today ...
Snopes.com says it is true - Houston ChronicleYou are correct my naive friend -- there is no mention of Phil Gramm. Why? Because of the article's obvious bias. For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing ...
Historic homes face modern realities - GazetteSusan Whitney/ The Star The Ellerslie estate, a 19th-century historic home, stands majestically on Green Grove Place in Upper Marlboro. The home is considered one of the area's best surviving examples of Colonial Revival architecture. At least, it ...
The nation’s credit crisis could have local impact - Troy MessengerPike County residents could take a big economic hit if something isn’t done to alleviate the nation’s economic crisis, local analysts said. The affects of the crisis could trickle down to local level, said Robert Earl Stewart, professor of ...
Small Businesses to Fed: Where’s Our Bailout? - Wall Street JournalPresident Bush touts the $700-billion bailout plan on Wall Street as saving small businesses on “Main Street,” suggesting that relieving big financial firms will allow businesses to access credit they desperately need. But many small-business ...
2008 (2134) - Dakota Voice► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...

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Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Sellers Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
View all Terms |