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News briefs: County wants land for dredging project - Herald TribuneBRADENTON -- Manatee County intends to ask a judge to decide what is a fair price for a strip of land that engineers say is needed for the Wares Creek dredging project. The county wants to acquire an easement from Bradenton Tropical Palms, a mobile ...
Car fire on 94 at 121st - Milwaukee Journal SentinelNov. 21, 2008 6:53 a.m. | A car fire is backing up the commute on westbound I-94 near 121st St. Here's the look from the DOT camera . The fire is causing major delays. The trip from downtown to Moorland Rd ., normally a ten minute drive, was taking ...
Church hierarchy stalled priest ousters, Weakland testifies - Milwaukee Journal SentinelNov. 20, 2008 2:34 p.m. | Now-retired Archbishop Rembert Weakland, in a videotaped deposition released today, said his attempts to oust sexually abusive priests from the priesthood was stalled by a protective church hierarchy despite his pleas for ...
Voices of the Evacuated - Santa Barbara Independentdel.icio.us. Trace Robinson's home at 356 East Mountain Drive was still standing as of this morning, but many Mountain Drive homes burned to the ground. Trace Robinson and her family lived at 356 East Mountain Drive, next to the Tea Gardens, where ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd 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 ...
Banner to trim costs amid down economy - AZCentral.comBanner Health, the state's second-largest private employer behind Wal-Mart, will delay the opening of a new hospital in Queen Creek and pursue other cost-savings measures to navigate the slumping economy. No layoffs are planned for Banner's corporate ...
Jobs Classifieds Real Estate Rentals Autos - Cedar Rapids GazetteGazetteOnline Home Log In Read The e-Edition Newsletters Text Alerts RSS Feeds Data Central Gazette Store FAQ Page Place a Classifed Ad News Home Log In Read The e-Edition Business Newsletters RSS Feeds Data Central Iowa Caucuses Gazette Store Sports ...
Coral Ridge owner warns of bankruptcy - Iowa City Press-CitizenShares of General Growth Properties Inc. fell more than 70 percent in trading Tuesday after the company warned late Monday that it might have to seek bankruptcy if it can't refinance a mountain of impending debt. The Chicago-based real estate ...
General Growth, owner of 3 Iowa malls, warns of bankruptcy - Iowa City Press-CitizenShares of General Growth Properties Inc. have fallen more than 70 percent in trading today after the company warned late Monday that it might have to seek bankruptcy if it can’t refinance a mountain of coming-due debt. The Chicago-based real estate ...
Bankruptcy warning sinks General Growth shares - Des Moines RegisterShares of General Growth Properties Inc. fell more than 64 percent in trading Tuesday after the company warned late Monday that it might have to seek bankruptcy if it can't refinance a mountain of coming-due debt. The Chicago-based real estate ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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