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News about Mortgages:
Russia-China $25bn Loan Talks set to Re-Open - Oilvoice.comRussia is set to re-open talks with China within the coming week to secure $25 billion in loans, for two cash-strapped Russian energy companies, in exchange for guaranteed long-term crude oil supplies in the opposite direction. The initial round of ...
Crisis may lead to low mortgage rates - Boston GlobeWASHINGTON - There are few bright spots for consumers who have seen the Standard & Poor's 500 index drop more than 30 percent this year. Lower mortgage rates may be one of them. A nationwide survey of consumer credit rates showed 30-year fixed-rate ...
Credit crisis snarls Waverly Place - Raleigh News & ObserverDeveloper can't find a lender to bankroll his plan to make the Cary shopping center a modern mix of condos, stores and offices The $180 million redevelopment of Cary's Waverly Place shopping center is joining the list of projects delayed by the ...
Awaiting endorsement - Northwest HeraldIt’s almost time for the Northwest Herald’s presidential endorsement. The last one, Oct. 24, 2004, told us that the Bush “administration … made mistakes” and that “the main reason to invade Iraq ... has been disproved” and “the Bush ...
Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
View all Terms