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News about Mortgages:
Refinancing option lures customers to banks - Peninsula Daily NewsNorth Olympic Peninsula banks have been inundated with inquiries from customers seeking to refinance their home mortgages amid unusually low interest rates. "It is unreal," said Lori Taylor, Wells Fargo home mortgage specialist in Sequim. She ...
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 ...
Aston Martin DB9 Volante -- Bond would be fond of it - San Francisco GateThere's a scene in David Lean's epic picture, "Lawrence of Arabia," where a stuffy British officer picks his way through a courtyard filled with sick and dying people. As he strides along, he looks around him, his face registering shock at the human ...
The World Newser - ABC News BlogsGeorge Stephanopoulos interviewed Israeli Foreign Minister Tzipi Livni briefly today on Israel's decision to reject international calls for a 48 hour cease-fire . Livni said that a cease-fire "doesn't serve Israel" because Hamas will "abuse any kind ...
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.
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