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The Jersey Squeeze: Families caught between cost and tax hikes - Asbury Park PressBefore 10-year-old Kyle Gamble settles down to his video games in his quiet Matawan home after school, he anxiously turns on CNBC-TV, where, each afternoon, some of the global economic crisis comes to rest on his small shoulders. At his tender age ...
Anxiety about money grips a N.J. family - Daily JournalMATAWAN -- Before 10-year-old Kyle Gamble settles down to his video games after school in his quiet Monmouth County home, he anxiously turns on CNBC, where, each afternoon, some of the global economic crisis comes to rest on his small shoulders. At ...
Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
View all Terms