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Mortgage applications continue decline - Evening Star
(Bloomberg) - Mortgage applications in the U.S. declined last week to the lowest level since December 2000, further evidence that the housing market has yet to reach bottom, as fewer homeowners sought to refinance their loans. The Mortgage Bankers ...

Accept the reality of private health care: CMA chief - Globe and Mail
R Miller from Halifax, Canada writes: I have to applaud Dr. Ouellet's brave decision to allow competition into Canada's entirely overburdened, publically funded health-care system... Hopefully, this decision will solve some access problems... Dr ...

Top National News Right Now - WPRI
BRUSSELS, Belgium (AP) - Secretary of State Condoleezza Rice says NATO will not allow Russia to destabilize Georgia, intimidate other pro-Western governments in the former Soviet bloc or re-establish an Iron Curtain across Europe. Speaking to ...

Seawall divides city - Corpus Christi Caller
George Gongora/Caller-Times State law creates a public easement of 200 feet along all beaches. By the mid-1990s, the beach (seen at high tide) had eroded so much that nearby hotels and condos were within the public easement. The state Legislature ...

Housing stories and features - Orlando Sentinel
To the relief of landowners, some of whom had driven for hours or flown in from out of town, the Deltona City Commission killed a tax plan that would have slapped about 200 property owners with a total of $83 million in taxes over 30 years. As ...

Bond issue change sought - Baton Rouge Advocate
A proposal to refinance a $120 million bond issue for Mayor-President Kip Holden’s Green Light Program got a lukewarm reception Wednesday from a Metro Council committee. Bond attorney Richard Leibowitz said the refinancing is necessary because the ...

Video - New National Poll: Majority of Americans Oppose Expanded Role ... - PR Newswire
WASHINGTON, Nov. 1 /PRNewswire/ -- As Congress debates how to solve the mortgage credit crunch, a new survey by Freedom Works indicates a majority of Americans don't want Uncle Sam to foot the bill. "I don't think we should look towards government ...

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Today's Mortgage Terms starting with V

  • VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
  • Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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