Beach Haven Mortgage Refinance and Information Online from competing Lenders

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Rising foreclosures rock families - Northwest Herald
Cary Bruce is on the edge of foreclosure. Janice Jones has been to the brink and back. In May 2004, Bruce, a McHenry native, and his wife bought a small house in Round Lake Beach where they live with four children. They bought the house before Bruce ...

Schools, businesses feel effects of neighborhood's misery - San Diego Union-Tribune
CHULA VISTA – During the first half of the decade, when home prices were soaring, the Rev. Carl Dreves watched in amazement as new neighborhoods took shape in sprawling Otay Ranch. Jesus Muñoz thought he had it all figured out. Muñoz never ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

CapeCodToday Blog Chowder - Cape Cod Today
"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...

2008 (2665) - Dakota Voice
► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...

McCain: No there there for Obama - Boston Globe
In his first post-debate appearance, John McCain promoted his plan to have the federal government directly buy mortgages and refinance them at lower interest rates to help beleaguered homeowners. "We need to act quickly and decisively," he told ...

How to Make a Spending Plan - Wall Street Journal
"Budget" might well be the dirtiest word in the financial language. People hate budgets because budgets seem confining. Like diets, budgets are forever begun with grand intentions, only to be quickly ditched when spending restraints seem too much ...

Steven Pearlstein - Washington Post
Washington Post columnist Steven Pearlstein was online Wednesday, Oct. 15 at 11:00 a.m. ET to discuss the stock market's return to a state of relative calm and where we go from here. About Pearlstein: Steven Pearlstein writes about business and the ...

Site Presented By - Salon
The Wall Street Journal's Donna Kardos, reporting the news that the S&P/Case-Shiller home-price index recorded a record 17.7 percent drop for U.S. home prices in 10 major metropolitan areas in August -- the "11th-straight monthly report of a record ...

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Today's Mortgage Terms starting with D

  • Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
  • Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
  • Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
  • Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.

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