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News about Mortgages:

Water Tower Place - Chicago Tribune
General Growth Properties Inc. said late Sunday that its lenders have granted the heavily leveraged Chicago mall operator a two-week "interim extension" on $900 million of debt, allowing General Growth a bit of breathing room as it struggles to avoid ...

Volatile Mortgage Rates to Persist Until Year-End, Analyst Says - Bloomberg
Oct. 22 (Bloomberg) -- Gyrating U.S. residential mortgage rates show no signs of stabilizing, according to Keith Gumbinger , a mortgage-research analyst in Pompton Plains, New Jersey. Average rates for 30-year fixed mortgages jumped to 6.46 percent ...

ELECTION 2008: Strow, Walker explain positions - Bowling Green Daily News
I am extremely honored to have served two terms as a Bowling Green city commissioner. For the last four years, I have been an independent voice of fiscal conservatism and have stood against special interests when their interests have not aligned with ...

Piramal Glass announces layoffs - Daily Journal
PARK HILLS — Layoffs are planned for approximately 40 percent of the workforce at Piramal Glass, 1000 Taylor Ave. in Park Hills. Layoff notices for 160 hourly union employees were posted Monday while approximately 30 salaried workers were notified ...

Today's Mortgage Terms starting with H

Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.

Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.

Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

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