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No green shoots in sight as recession bites - Times OnlineIt is the recession that reaches the parts that other recessions have not reached. The economic slump in Britain that began in the late summer of last year is hitting us harder and faster, and will bite deeper and for longer, than most commentators ...
Any go-ahead for Gunns mill 'a sham' - West OnlineAny federal government go-ahead for the Gunns pulp mill in northern Tasmania will be "a sham", the Australian Greens say. Environment Minister Peter Garrett is expected to announce on Monday whether the government has approved the operating ...
Council moves forward with bond issue - Hawk EyeThe city of Burlington is on track to borrow up to $4.5 million to fund streets projects, equipment upgrades, and, possibly, the purchase of portable flood barriers. After a public hearing sans comments from the public Monday, Burlington City Council ...
Top 5: PDX office market relatively stable in Q4 - OregonianYour Top 5 real estate stories. Send story tips or investigative ideas: ryanfrank@news.oregonian.com or 503-221-8519. 1. Downtown office market outperforms burbs: The downtown office market continues to weather the recession better than its suburban ...
Real Estate News Stories - Atlanta Journal ConstitutionSAN FRANCISCO — The state's high court has prohibited three Southern California parishes who left the U.S. Episcopal Church over its ordination of gay ministers from retaining ownership of their church buildings and property... Property tax fight ...
Latest News - dBusinessNews.comUniKeep™ and EnvyPak™ Eco-Friendly Promotional Product Lines to be Featured at the PPAI Expo Las Vegas Introduction of New Digital Printing Services for UniKeep BindersMarysville, OH ... UniKeep to Showcase Eco-Friendly UniKeep™ and EnvyPak ...
You read them here first: Words to eject after ’09 - Tacoma News TribuneAt the end of the day, it’s always fun to say buh-bye to words, phrases and emoticons – like the smiley face : ) – that marked the defining moments we barely survived while just beginning to turn our lives around. That’s why, aside from the ...
1800s state agency increasingly approached for municipal loans - Milwaukee Journal SentinelCaledonia : $5 million for a highway project Mukwonago schools : $4.2 million for refinancing Oak Creek-Franklin schools : $3.8 million for employee pensions Arrowhead High School : $2.3 million for refinancing Ozaukee County : $2.2 million for ...
Why reintroduce wolves? Here are a few answers ... - Idaho StatesmanAs to Mark Cudmore's question (letter, Dec. 9) about why wolves were ever reintroduced: I could discuss the ecological significance of large predators in the food web or wax poetic about some folks viewing nature as more than target practice, but I ...
The biggest losers (and a few winners, too) - Brisbane TimesIn the pantheon of financial performances, 2008 was an absolute stand-out for all the wrong reasons. Scott Rochfort looks at those companies which had a year to forget and may be forgotten as a result. The year that got off to an unattractive start ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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