Campbell Mortgage Refinance and Information Online from competing Lenders

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Help For Families Facing Foreclosure - WCPO
There's new hope for Tri-state families who face the possibility of foreclosure. For many families owning a home is the American dream. But thanks to variable interest rates, homeowners are finding their mortgage payments too much to handle ...

Business Briefs - March 2008 - Everett Herald
A helicopter flight school at the Arlington Airport has closed, and local students are out tuition money after the school’s Nevada-based operator filed for bankruptcy. The Silver State Helicopters school in Arlington, along with more than 30 other ...

You're on your own - Arkansas Times
Earlier than usual, I leave it in the capable hands of blog readers. I have to check out of my San Francisco hotel and wander the streets until a red-eye flight at 1 a.m. I had a great stroll this morning through Chinatown, packed with throngs of ...

Over your head? - Toronto Star
Over your head? Laurie Campbell, executive director of Credit Canada, a non-profit organization that offers free credit counselling, raises these red flags: Needing a credit card for everyday expenses. Borrowing from one card to pay another. Delaying ...

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Herreid Mound City Pollock

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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