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Arlington in bind on stadium bonds - Dallas Morning News
ARLINGTON ­ The City Council expects to pay even more and give up some flexibility when it refinances a portion of the Dallas Cowboys stadium bonds. The interest rate on its refinanced bonds could be nearly 6 percent, about 1 percentage point higher ...

Arlington in bind on Dallas Cowboys stadium bonds - Dallas Morning News
ARLINGTON ­ The City Council expects to pay even more and give up some flexibility when it refinances a portion of the Dallas Cowboys stadium bonds. The interest rate on its refinanced bonds could be nearly 6 percent, about 1 percentage point higher ...

RBA rate cut would help many: survey - ninemsn
An interest rate cut by Australia's central bank this week will significantly reduce the number of Australians experiencing mortgage stress, an industry survey has found. The latest Fujitsu Consulting/Wizard Home Loans Mortgage Stress-O-Meter is now ...

No Foreclosures Because of Gustav - KATC 3
U.S. Housing and Urban Development Secretary Steve Preston today announced a foreclosure moratorium in 34 parishes throughout Southern and Central Louisiana and offered support to homeowners and low-income renters forced from their homes following ...

HUD Announces Foreclosure Suspensions In Some Louisiana Parishes - Bayou Buzz
WASHINGTON – Foreclosure suspensions or moratoriums are on their way. U.S. Housing and Urban Development Secretary Steve Preston today announced a foreclosure moratorium in 34 parishes throughout Southern and Central Louisiana and offered support ...

Investment Sales - New York Observer
Macklowe Properties Chairman Billy Macklowe. Hot damn! The Real Deal is reporting that Deutsche Bank is suing Macklowe Properties "to foreclose on $482 million in principal loaned to develop the Drake Hotel site at Park Avenue and 56th Street ...

the chat room - Slate
Emily Bazelon and Christopher Beam field questions about Obama's acceptance speech and McCain's veep choice. posted Aug. 29, 2008 Upsetting the Apple Cart Farhad Manjoo takes readers' questions about flawed iPhones and Steve Jobs' other recent ...

The Importance of Saving Regularly - CNBC
Companies often invite me to speak to their employees. At one recent seminar on financial planning, one worker raised his hand. “Can you tell me how to get rich?” he asked. His question evoked laughter among his coworkers, but he wasn't kidding ...

The 90-Grand Phone Call - Motley Fool
FOOL ON THE HILL The 90-Grand Phone Call The current credit system is built to give us easy access to credit. We can get a car loan in a couple of hours and refinance a home in just a few days. It's the same system that enabled crooks to make off ...

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Today's Mortgage Terms starting with J

  • Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
  • Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.

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