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Russia-China $25bn Loan Talks set to Re-Open - Oilvoice.com
Russia is set to re-open talks with China within the coming week to secure $25 billion in loans, for two cash-strapped Russian energy companies, in exchange for guaranteed long-term crude oil supplies in the opposite direction. The initial round of ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. When Deal Journal told people we were going to cover an event honoring the 25 Most Powerful Women in Banking, a common reaction was: “There ...

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 ...

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 ...

The Citigroup who stole Christmas - Salon
The Norwegian port town of Narvik is 200 miles inside the Arctic Circle, but that's not far enough north to escape the long arm of Citigroup. One of four Norwegian towns that invested millions of dollars in complex "structured finance" products ...

Buckland mall owner in debt crisis - Journal Inquirer
Chicago-based General Growth Properties Inc. warned Monday that it must refinance a large chunk of its short-term debt, or face the possibly of filing for protection from creditors in U.S. Bankruptcy Court if it is to continue as a going concern ...

Comments (View) - Mediabistro.com
Macrovision announced Monday the sale of TV Guide magazine to Beverly Hills, California-based investment firm OpenGate Capital. Terms of the deal were not disclosed. Macrovision says it identified TV Guide magazine as a business "not aligned with its ...

Toll road agency seeks $1.1 billion federal loan - Orange County Register
Orange County's Transportation Corridor Agencies have applied for a $1.1 billion federal loan to help refinance $4.6 billion in debt, and an anti-toll-road group says the loan should not be approved. In June, the agency filed its application for the ...

THE ECONOMIC FALLOUT The Stakes of Mortgage Rescue Plans - Voiceof San Diego
Take Lesley McAllister, for example. An assistant law professor at the University of San Diego, McAllister lives with her husband and two children in a rented home in Mission Hills. The family moved to San Diego three years ago and decided to rent ...

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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
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