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M&S cuts 1,000 jobs as fashion sales dive - Times Online
High street fashion retailers were the first big losers of 2009 as Britain returned to work yesterday to face the worst employment prospects in a generation. Marks & Spencer will announce massive job losses tomorrow after dire Christmas trading ...

RE-FINANCE YOUR HOMES RIGHT NOW - New York Post
Dear John: I'm a longtime reader and you don't get enough credit for your humor. I just visited my bank to see if I could re-finance my mortgage and what the rate would be. I found out it is now 5 percent on a 30-year loan. I am currently paying 6.25 ...

Survival of the Fittest - Times Online
So far, this recession feels deeply unfair. The financial firms that plunged the world into a credit freeze have, in many cases, been bailed out. The brunt of job losses will be borne by innocent workers who had faithfully manned the shop floors of ...

2008 The Year in Review, - Manhasset Press
Nighttime closures on the Roslyn Viaduct construction begin Jan. 21 for the protection of motorists and workers. The Tower Foundation of Manhasset holds presentations on Interactive Whiteboards (IAW). Tower's goal is to place an IWB in every ...

Does the Bank Rate matter? - bbc
There is a good deal in Evan Davis's remarks this morning on Today that all the fuss about whether the Bank of England should cut interest rates may be the equivalent of bald men arguing over who should have the comb - and his apology to my old ...

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Today's Mortgage Terms starting with S

  • Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
  • Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
  • Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
  • Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.

    View all Terms
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