Arlington Mortgage Refinance and Information Online from competing Lenders

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Cowboys refinance $435 million chunk of stadium bond debt - Dallas Morning News
ARLINGTON – The Dallas Cowboys have refinanced about $435 million worth of debt for their new $1.1 billion stadium despite the troubled bond market, team owner Jerry Jones said Thursday. The old debt had a variable rate, which has been a problem as ...

Arlington refinances much of its debt for Cowboys stadium - Fort Worth Star-Telegram
ARLINGTON — The city has finally been able to refinance a significant portion of its wildly fluctuating variable-rate bonds for the Dallas Cowboys stadium project. Arlington had been looking to convert $164 million in bonds since July after ...

Arlington refinances $104 million of Dallas Cowboys stadium bond debt - QuickDFW.com
ARLINGTON – The city has refinanced a portion of its Dallas Cowboys stadium bond debt that it's been trying to convert to a fixed rate since July. Deputy City Manager Trey Yelverton told the City Council at a work session Tuesday afternoon that ...

Dallas-Fort Worth cities cautious about '09 budgets - Dallas Morning News
ARLINGTON – The ink was barely dry on the new budget when the Arlington City Council decided this month to chop $1 million from its spending plan. Concerns about the troubled economy convinced the council that cuts were needed less than two months ...

Arlington refinances $104M in Dallas Cowboys stadium bond debt - QuickDFW.com
ARLINGTON – The city has refinanced a portion of its Dallas Cowboys stadium bond debt that it’s been trying to convert to a fixed rate since July. Deputy city manager Trey Yelverton told the council at a Tuesday afternoon work session that nearly ...

4.5 percent mortgage: Will it work? - Philadelphia Inquirer
Realtors, builders, and even the federal government have tried everything from giveaways to incentives to tax credits to get home sales back on track - all with scant results. The newest suggestion - 4.5 percent fixed-interest rates for home loans ...

Final pieces falling into place for new Cowboys stadium - Fort Worth Star-Telegram
The Dallas Cowboys reached two milestones this week with their new home in Arlington: A ceremonial last piece of steel was placed on the stadium, and the team was able to obtain $435 million in financing to help pay for it. At the "topping out ...

Ford seeking $9 billion 'stand-by' credit - WFAA
DEARBORN, Mich. — Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. Unless one of Detroit's other Big Three auto companies goes bust, Ford expects to have ...

Thursday, Dec. 4 at Noon ET: Color of Money Live - Washington Post
Read Michelle's latest columns , check out her Color of Money Book Club selection archive or sign up for her weekly e-mail newsletter. Michelle Singletary: Good afternoon all. I hope despite all the continued bad economic news you are holding up. I ...

Home Value Highwire - WTOP Radio
WASHINGTON - If you want to buy in today's housing market, you may not be able to seal the deal or get a loan, unless you have cash and good credit. You need cash to close the deal. The days of zero-down are gone. That's the new reality of the ...

Today's Mortgage Terms starting with B

Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.

Bearer: The legal owner of a property.

Bill of Sale: A document that details the transfer of property.

Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.

Blanket Mortgage: A mortgage that includes more than one piece of real estate

Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.

Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.

Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.

Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.

View all Terms

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