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Happy New Year 2009 - WXOW TV-19
NEW YORK (AP) - Davenport-based newspaper company Lee Enterprises Inc. says in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also disclosed that its outside ...

Lee Enterprises expects problems paying debt - Caspar Star-Tribune
NEW YORK -- Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and the Casper Star-Tribune among other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions ...

Debt trouble at Lee triggers auditor's warning - Post-Tribune
NEW YORK (AP) Ñ Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company ...

Debt triggers auditor’s warning - Independent Record
NEW YORK — Lee Enterprises Inc., publisher of the Independent Record, the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in ...

Debt trouble at Lee Enterprises triggers auditor’s warning - Chippewa Herald
NEW YORK — Lee Enterprises Inc., publisher of the Chippewa Herald, St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue ...

UPDATE: Debt trouble at Lee triggers auditor's warning - Columbia Missourian
NEW YORK — Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also ...

Debt trouble at Lee triggers auditor’s warning - World Link
NEW YORK — Lee Enterprises Inc., parent company of The World and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also disclosed ...

Housing crisis creates opportunities - Telegraph
After a significant slump in 2008, the home mortgage business appears to be entering 2009 on an upswing. Area mortgage specialists reported business concluding 2008 on the rise with no forecast of loan or refinancing inquiries slowing as 2009 begins ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. The Daily Thread rounds up the major fashion news of the morning. Alfred Shaheen, creator of Hawaiian shirts such as the one Elvis Presley wore ...

Bales retires after 24 years - Daily Telegram
MADISON TWP., Mich. - A last-minute decision to sign up as a candidate started a 24-year leadership run for Merrill Bales at the Lenawee County Road Com­mission. A new chairman of the road commission board will be selected next week to fill the seat ...

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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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