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News about Mortgages:
Mid-Columbia construction slowing, remodels picking up - Tri-City HeraldWhen new housing starts to slow down, home remodels tend to pick up. It's a trend that David Barber, owner of Barber Construction in Walla Walla, is observing in this time of economic uncertainty, tighter lending standards and a softening housing ...
BC-EU-Britain-Barclays - AP - Guardian UnlimitedBC-EU-Britain-Barclays, 2nd Business News Stock market outlook negative; oil, gold, C$ decline TORONTO - Overseas stock markets are shaky and Wall Street index futures point to a weak open for the last day of a disastrous October. Oil, gold and base ...
BC-Oil-Prices - AP - Guardian UnlimitedBC-Oil-Prices , 2nd Business News Stock market outlook negative; oil, gold, C$ decline TORONTO - Overseas stock markets are shaky and Wall Street index futures point to a weak open for the last day of a disastrous October. Oil, gold and base-metal ...
Eliot Brown - New York ObserverCity's Willets Point rendering. Just on the heels of the highly contentious City Council term limits vote, Mayor Bloomberg has personally injected himself into the push to sway the council on his administration's plan to redevelop Willets Point ...
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