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Viyella collapse takes day's toll above 3,500 - This is MoneyMore than 3500 jobs were axed today as womenswear retailer viyella collapsed into administration and a host of other companies culled staff. Viyella, which was founded in 1784 and offers classic clothes for the more mature customer, today said it is ...
Should you refinance? - Wichita EagleAs the new year starts off with an uncertain economy, homeowners are shearing their mortgage payments by taking advantage of lower interest rates. With 15-year fixed-rate mortgage rates down to 5 percent at many lenders in the Wichita area, banks are ...
Construction spending shows gains but outlook grim - Daily TimesWASHINGTON: Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. But the outlook remains bleak as credit is tight for builders trying to stay afloat ...
Fiscal stimulus II eases India Inc's access to money - Business StandardThe second instalment liberalised overseas borrowing norms, restored benefits to exporters, set up an alternative channel of finance for non-banking finance companies and allowed state-run India Infrastructure Finance Company Ltd (IIFCL) to issue ...
Amarillo economy is holding its own - Amarillo Globe NewsRichard Ware: Amarillo National Bank president says he doesn't see any major problems looming for Amarillo, but doesn't see any major growth either. The world, in Amarillo, looks flat. But a flat economy for 2009 isn't bad considering the "scary ...
Michael Taylor - San Francisco GateBrave New World: there was a piece on the Op-Ed page of today's New York Times (Jan. 3, 2009) that talked about "Four Ways for Detroit to Save Itself." The idea is to highly automate the nation's highways, our cars and, presumably, ourselves. So I ...
Fourth straight rise for Kansas City Southern - Kansas City StarKansas City Southern posted another gain for stockholders Monday, its fourth consecutive rise and the best price owners have seen since November. Shares rose $1.10, or 5.4 percent, to close Monday at $21.49. In just two trading days of 2009, the ...
On Religion - USA Today BlogsIn Washington today, politicians too often just stand their ground. Liberal strategist Bob Beckel and conservative columnist Cal Thomas provide a better model. To report corrections and clarifications, contact Reader Editor Brent Jones at 1 800 872 ...
Today's topics - USA Today BlogsA weekly series explores the issues of faith that are shaping our world. To report corrections and clarifications, contact Reader Editor Brent Jones at 1 800 872 7073 or e-mail accuracy@ usatoday.com . Please indicate whether you're responding to ...
Amarillo market slows: Home construction down - Amarillo Globe NewsCrews work on the roof and chimney of a new home Tuesday in the Greenways subdivision off of Bell Street in Amarillo. Builders launched almost 120 fewer single-family homes in Amarillo in 2008 through November than they did in the same period of 2007 ...
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.
View all Terms