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News about Mortgages:
Refinance rush - Baltimore SunT he economic turmoil of 2008 has left few bright spots, but here's one: Mortgage rates have plummeted. Rates on 30-year, fixed loans are hovering around 5 percent - the lowest level since Freddie Mac began tracking rates in 1971. Some economists ...
Mortgage rates fall to record low - Baltimore SunWASHINGTON - Rates on 30-year fixed-rate mortgages fell to a record low for the second straight week, causing refinancing applications to surge to the highest level in more than five years, a month after the Federal Reserve pledged to channel ...
Real Estate Report: New year means new rules - Evening SunThe New Year arrived and brought with it an abundance of economic news, but 2009 will be known as the "Do you want good news or bad news?" year! Unemployment will soon hit 7 percent and probably exceed that figure once the aftermath of auto and ...
Prepaying Mortgage May Not Trump Investing - Wall Street JournalPrepaying a mortgage in these uncertain times sounds perfect. It could shorten the term of the loan and offer a stable return when other investments are losing ground. But it's not a slam dunk decision. Interest rates are low, unemployment high and ...
Construction Spending Falls Less Than Expected - Street.ComThe nation's homebuilders have been reporting large financial losses as demand keeps falling even as they slash production. Hovnanian Enterprises ( HOV Quote - Cramer on HOV - Stock Picks ) , based in Red Bank, N.J., reported last month that its ...
Construction spending shows gains but outlook grim - WTOP RadioWASHINGTON (AP) - Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. But the outlook remains bleak as credit is tight for builders trying to stay ...
U.S. construction spending falls less than expected - Fresno BeeWASHINGTON -- Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. The outlook, however, is for significant weakness as the worst recession in at least ...
Construction spending shows gains - Dubuque Telegraph HeraldWASHINGTON (AP) -- Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. But the outlook remains bleak as credit is tight for builders trying to stay ...
Construction spending in the United States falls less than expected - News1130.comWASHINGTON - Construction spending in the United States fell less than expected in November as record activity on non-residential projects helped offset another steep decline in housing. The outlook, however, is for significant weakness as the worst ...
Smaller-than-expected drop in construction in November may be followed ... - Minneapolis Star TribuneWASHINGTON - Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. But the outlook remains bleak as credit is tight for builders trying to stay afloat ...
Today's Mortgage Terms starting with T
Term: The period of time in which a loan must be paid off.
Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
View all Terms