Today's Mortgage Terms starting with J

Jumbo Loan:

A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.

Junior Mortgage:

A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.

View all Terms

Kings mortgage rates news:

Housing money headed to midstate - Macon Telegraph
Macon and Bibb County are in line for more than $4 million in federal funding to fight the effects of foreclosures, and other Middle Georgia counties likely will split hundreds of thousands more from a federal response to the mortgage crisis. The ...

Spaulding proposes gas-tax increase - Times-Argus
MONTPELIER – Steep budgetary shortfalls threaten to undermine the state's transportation system unless Vermont levies a new tax on gasoline and diesel purchases, according to a report issued by State Treasurer Jeb Spaulding. The recent decline in ...

Cushman & Wakefield - New York Observer
Jekemp via Flickr. There will be no drunken holiday carousing on the tab of New York City's biggest commercial brokerages this year: CB Richard Ellis and Cushman & Wakefield have both cancelled their Christmas parties. To be precise, Cushman ...

Harper lines up with Bush on reform - Globe and Mail
Jim **** from Canada writes: An odd alliance. Yesterday Mr. Bush said the capitalist system wasn't to blame for the current crisis, leading to inescapable conclusion that his adminstration must be to blame then. Odd that Harper would line up with ...

Letters, 11/14: Promises to Republicans - Lincoln Journal Star
I read Gail Skinner’s letter Nov. 7 and wondered if he thought the end of the world was coming with Barack Obama’s election. I am a liberal and a Democrat, and I think my letter speaks for the majority of us. To conservatives and Republicans, I ...

2008 (2665) - Dakota Voice
► January 16 - January 23 (1) Brian has a good point here. When I was in the Air Force, I recall one night when a new guy, fresh out of training, came to work on our shift. In military police work, you rely on your "radio" or "portable" quite a bit ...

September 14 - September 21 (77) - Dakota Voice
► January 16 - January 23 (1) The afternoon plenary session of the FRC Washington Briefing was called Lights, Camera, Values in Action . It included speeches from Dr. Ted Baehr, president of MovieGuide, Brad Moore, president of Hallmark Hall of ...

Crunch & Squeeze - CNBC
Because of a growing "credit crunch," lenders are tightening standards and raising mortgage rates for people with average or below-average credit ratings. Even homeowners with good credit scores are seeing higher rates on so-called jumbo loans--those ...

BAILOUT KINGS - New York Post
A group of the biggest U.S. banks are ready today to roll out a $100 billion bailout plan to jump-start the wrecked credit mar- ket - but it could trigger new rifts in the financial fraternity. After a weekend marathon of prodding by Treasury ...

Feds begin another prosecution of Latin Kings - Milwaukee Journal Sentinel
Nov. 7, 2008 | The Latin Kings were more than a gang; it was a way of life for members who freely used violence against rivals, brought terror to neighborhoods and acted as a kind of rogue government, a federal prosecutor said this week. "They ...