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News about Mortgages:
NESTING: It may help to know we're in good company - Eureka Times-StandardThe other day I was listening to “A Prairie Home Companion” on NPR and Garrison Keillor was doing a skit on the current financial crises. He and a fellow actor were portraying two simple country folk back home in Lake Wobegon and both agreed that ...
Government bill could rescue struggling homeowners - Eureka Times-StandardWith this week's government bailout of foundering housing finance giants Fannie Mae and Freddie Mac, many struggling homeowners and potential home buyers, both local and nationwide, have been given yet another reason for uncertainty and concern. The ...
Financial education still inadequate - Eureka Times-StandardTwo guest opinion pieces recently appeared in your newspaper concerning the role played by public schools in our nation's current housing market problems. The first, by Mr. De La 0 of Fortuna, suggested the ultimate cause of the decline in property ...
The price of a $700 billion bailout - Atlanta Journal ConstitutionCongress is grimly sorting through the details — the few details that are available — of the extraordinary $700 billion Wall Street bailout proposed by the Bush administration. Some Democrats, including House Speaker Nancy Pelosi, have suggested ...

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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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