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Alderwoman: ‘This is not terrible’ bills’ - Waynesville Daily GuideTimes will be tough next year for St. Robert, Finance Committee Chair-woman Theresa Cook acknowledged at a Thursday joint meeting of her committee and the city’s emergency services committee, but they’re not impossible. “We’re looking at this ...
Pulse of the economy: The new frugality - AZCentral.comThis time, it's hitting all of us. On Nov. 21, 10 Republic reporters and four photographers fanned out across the Valley to take the pulse of the Arizona economy. They asked everyday people, many of them solidly middle-class, how they were coping. It ...
Cranbourne residents sue council for millions over methane leak - News.com.auDISTRESSED residents of 816 methane-affected homes in Cranbourne have sued their local council for tens of millions of dollars. In a class action launched today in the Supreme Court the residents are seeking damages from the City of Casey for the ...
Radio Address by President Bush to the Nation - ChristianNewsWireTHE PRESIDENT: Good morning. It's not every day that Americans look forward to hearing from the Internal Revenue Service, but over the past few weeks many Americans have received a letter from the IRS with some good news. The letters explain that ...
Remarks by the President on Housing - ChristianNewsWireTHE PRESIDENT: Thank you very much. I really want to thank Congressman Chris Smith and Vito Fossella for joining me here in Freehold, New Jersey. I'm here at a company called Novadebt, and I really appreciate Joel Greenberg and Jill Feldman for ...
Residents seek damages for gas leak - West OnlineMatthew Wheelahan's decision to move his family to the Brookland Greens estate was supposed to be an upgrade from nearby Cranbourne. In September their home that won House of the Year in 2007, was valued at $420,000. But in the same month, its value ...
Residents to claim damages for methane gas leak - West OnlineThe owners of the a Melbourne House of the Year have joined over 450 residents in a class action seeking compensation for the loss of house value brought about from explosive-level methane leaking from a nearby landfill site. Matthew Wheelahan’s ...
Just the Facts... - Safe HavenFor the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...
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.
View all Terms