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CBL & Associates Properties, Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.comGood day and welcome to the CBL & Associates Properties, Inc. conference call. (Operator Instructions) At this time for opening remarks, I would like to turn the conference over to John Foy, Chief Financial Officer. Please go ahead, sir. This ...
Joe the Plumber to Campaign for John McCain - ABC News BlogsABC News' Bret Hovell reports: Joe Wurzelbacher, aka “Joe the Plumber,” will campaign tomorrow in Ohio for Senator John McCain. Wurzelbacher, the Toledo-area native, will go on a bus tour with former Rep. Rob Portman, a close McCain supporter ...
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Today's Mortgage Terms starting with I
Index: An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.
Initial Rate: The rate charged for the first interval of an ARM loan.
Interest: Compensation in the form of money paid for the use of money.
Interest Rate Cap: Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.
View all Terms