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News about Mortgages:
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Ala. officials ask court to clarify bond contract - WHNT-TVMONTGOMERY, Ala. (AP) - State officials have decided to ask a federal judge to determine if Alabama must follow a contract that calls for the refinancing of bonds approved in 1998 for school construction. State officials says refinancing the bonds ...
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Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
View all Terms