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Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Now that Hank Paulson has transformed the U.S. Treasury into Goldman Sachs South–buying, selling, lending to and merging companies–it ...
Incitec to Sell A$1.17 Billion in Stock to Refinance (Update3) - BloombergNov. 12 (Bloomberg) -- Incitec Pivot Ltd. , Australia's largest fertilizer maker that today reported record profit, plans to sell A$1.17 billion ($773 million) in stock to existing share holders to refinance debt and pursue growth projects. The ...
Business briefs Oct. 31 - Inside NovaVeterans with conventional home loans now have new options for refinancing to a Department of Veterans Affairs guaranteed home loan. These new options are available as a result of the Veterans’ Benefits Improvement Act of 2008, which the president ...
Canadian Tire releases third quarter earnings - Retail sales up 7.3 ... - CNW GroupConsolidated 2008 2007(2) Highlights(1): 3rd Quarter 3rd Quarter Change ----- Retail sales $2.61 billion $2.43 billion 7.3% Gross operating revenue $2.26 billion $2.05 billion 10.2 ...
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