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Kazakhstan faces "huge risks" -finance minister - Guardian UnlimitedASTANA, Nov 21 (Reuters) - A slide in oil prices means "huge risks" for Kazakhstan as it struggles to refinance billions of dollars of foreign debt and maintain growth, Finance Minister Bolat Zhamishev told Reuters in an interview. Kazakhstan has ...
Lithuanian Ukio Bank says repays syndicated loans - ReutersVILNIUS, Nov 19 (Reuters) - Lithuania's Ukio bankas (UKB1L.VL: Quote , Profile , Research , Stock Buzz ) said on Wednesday it had repaid loans totalling 62 million euros ($78.27 million). The bank has said these amounts accounted for 95 percent of ...
UPDATE 2-ECB opens 10 bln euro tap for Poland - ForbesWARSAW, Nov 21 (Reuters) - Poland's central bank on Friday bolstered its ammunition for fighting the effects of the global credit crunch on Polish banks with a deal allowing it to draw up to 10 billion euros from the European Central Bank. The ECB ...
ECB opens 10 bln euro tap for Poland - Guardian UnlimitedWARSAW, Nov 21 (Reuters) - Poland's central bank on Friday bolstered its ammunition for fighting the effects of the global credit crunch on Polish banks with a deal allowing it to draw up to 10 billion euros from the European Central Bank. The ECB ...
UPDATE 3-Germany says ready to help troubled carmaker Opel - ForbesBERLIN/FRANKFURT, Nov 17 (Reuters) - Germany said on Monday it was ready to help General Motors (nyse: GM - news - people )' struggling German unit Opel, though it would make sure any aid did not seep over to the U.S. parent or trigger a flood of ...
Sharemarket falls 2.5pc as capital raisings bite - The AustralianLOCAL shares hit a four-year low and underperformed the region as more companies turned to the market to raise money. Shares hit a four-year low and underperformed the region as more companies turned to the market to raise money. The lack of concrete ...
2008 (2665) - Dakota Voice► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
CapeCodToday Blog Chowder - Cape Cod Today"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...
Editorial: Alternatives to raising Pike tolls - MetroWest Daily NewsThe Massachusetts Turnpike Authority's fiscal plight is easily explained. It is stuck with $2.5 billion in Big Dig debt, and moves to refinance that debt through exotic "swaptions" deals backfired. With the Patrick Administration promising reforms to ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms