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Aston Martin DB9 Volante -- Bond would be fond of it - San Francisco GateThere's a scene in David Lean's epic picture, "Lawrence of Arabia," where a stuffy British officer picks his way through a courtyard filled with sick and dying people. As he strides along, he looks around him, his face registering shock at the human ...
Jumbo mortgage loan rates put damper on refinancing - Boston GlobeWhile plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative ...
Top Down Auto Blog - San Francisco GateBrave New World: there was a piece on the Op-Ed page of today's New York Times (Jan. 3, 2009) that talked about "Four Ways for Detroit to Save Itself." The idea is to highly automate the nation's highways, our cars and, presumably, ourselves. So I ...
'Tsunami' of autism cases crippling to Marin parents, schools - Marin Independent JournalMary Porter has always known that her daughter Leah Magnotti was exceptional. Since she was diagnosed with severe autism at age 2, Leah - now 14 - has struggled to make sense of a world whose sights and sounds often overwhelm her. She's come a long ...
Horror-scope: Hopes and fears for the new year - Long Island Business NewsThe local economy is a four-car pile-up at the side of the Expressway, with flashing lights and sirens closing from a distance. Everyone is slowing to a crawl to stare at the smoking, twisted-metal catastrophe. Every statistic, from business failures ...
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