Auburn Mortgage Refinance and Information Online from competing Lenders

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News about Mortgages:

Troubled '09 economy leaves commercial lease signs posted - Des Moines Register
The Des Moines-area commercial real estate market faces more challenges this year and next after a bumpy 2008, experts say. A national recession that's reducing product demand, slicing jobs and limiting credit for business growth will cut the need ...

Tough times - Sun-Journal
How bad is it getting? The numbers don't look good in Maine. But there's hope in staying flexible, leaning on support services and spending smart. At one point last week, Community Concepts workers frantically scrambled to answer the agency's phones ...

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

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