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Regional Roundup for 11/19 - Dallas Morning News
The city might scale back plans to refinance $164 million worth of Dallas Cowboys stadium bonds after not finding buyers at a reasonable rate. Arlington could have more success if it refinanced $110 million of that through bonds that mature within ...

New manager for market? - Boston Globe
Merchants at Faneuil Hall Marketplace are asking the City of Boston to run the outdoor shopping center if their current landlord, General Growth Properties Inc. , files for bankruptcy protection. General Growth, the second-largest US mall operator ...

Ottawa pushes to get credit markets working - Globe and Mail
Silver Standard (Robert Menard Rules:)) from Canada writes: Well here we go guys, get your money out of paper. We are going to go down with the USA. We really don't need to do this, its criminal what they are going to do with or savings. All the ...

Strategies to help you hold on to your house - San Francisco Gate
Alison Rood, Special to The Chronicle Readers sound off on our thrifty suggestions 11.01.08 Readers' tips for generating household income 11.01.08 Readers' advice on handling household money 11.01.08 Keeping house on a budget 11.01.08 Homeowner ...

Demise of Australia's Allco a Sign of More to Come - CNBC
Allco appointed administrators on Tuesday after failing to refinance A$147 million ($98 million) of debt, a victim of soaring credit costs amid the worst global financial crisis since the Great Depression. Companies from shopping mall owner Centro ...

Small business owners struggle to find credit - New Mexico Business Weekly
Erin Adams has been well aware of the credit crunch for some time. The mosaic artist runs a production studio with about 22 employees and she’s looking to expand. She has tried to refinance her house and get a line of credit, without success. Many ...

Transcript: Color of Money Book Club - Washington Post
In her last book club column , Michelle wrote: "Weiss's prophetic rant against Wall Street is eerie given what we've seen lately. He lambasted brokers who pushed microcap stocks -- low-priced stocks issued by the smallest of companies -- on novice ...

Michelle Singletary - Washington Post
Personal finance columnist Michelle Singletary hosted an online discussion with Gary Weiss , author of "Wall Street Versus America: A Muckraking Look at the Thieves, Fakers, and Charlatans Who Are Ripping You Off," on Thursday, Oct. 23 at Noon ET ...

Clinton (Easton, Pennsylvania) - Fort Lauderdale Sun-Sentinel
LOCK HAVEN, Pa. (AP) _ The seat of Clinton County sits along a river at the foot of a spectacular mountain range in rural central Pennsylvania. On Election Day, what happened here was a microcosm of American duality: Just 327 votes separated John ...

Odds And Ends - New York Daily News
The Dow zig-zagged even as President Bush tried to calm the nervous nation, warning "anxiety can feed anxiety and that can make it hard to see what's being done." Connecticut's Supreme Court ruled 4-3 that gay and lesbian couples can't be denied the ...

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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.

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