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Today's Mortgage Terms starting with I

Index:

An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.

Initial Rate:

The rate charged for the first interval of an ARM loan.

Interest:

Compensation in the form of money paid for the use of money.

Interest Rate Cap:

Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.

View all Terms
Santa Rosa home equity loans news:
Financial News
Bargain properties - Santa Rosa Press Democrat
Della Ramsey pounced on a Santa Rosa condominium last month when the price dropped to $99,900, paying cash for the bank-owned property she now will rent out. KENT PORTER / The Press Democrat Della Ramsey of Santa Rosa couldn't resist purchasing a two ...

Mortgage Foreclosures - The Ledger
Roig, Francisco, Marlenis Caballero, et al.; by Citimortgage, Inc. (08-0972) Romo, Zuleika, et ux., et al., Lot 217, Legacy Park Phase One; by Accredited Home Lenders, Inc., a California Corp.. (08-0434) Rosa, Anthony, et ux., et al., Lot 13, Block ...

October September August July June May April March February January ... - Nypress.com
Well, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...

Sonoma County supervisors vote to pursue financing program for energy ... - North Bay Business Journal
Marin solar company targets $160 million in financing Sonoma Co. supervisors to consider opt-in energy-efficiency project assessment districts SANTA ROSA, Sept. 16, 2008 – The Sonoma County Board of Supervisors this morning voted unanimously to ...

Tough Time Securing Credit - Santa Rosa Press Democrat
Lining up a loan to buy equipment and expand was more difficult than Santa Rosa-based ThermaSource expected, thanks to the credit squeeze gripping the nation. SCOTT MANCHESTER / The Press Democrat A delay in getting money from a line of credit means ...

AB 811 offers agencies route to finance energy upgrades - North Bay Business Journal
SANTA ROSA – Sonoma County governments have aggressive goals and strategies for curbing gases blamed for climate change, and they now have a new tool for enticing owners of existing commercial and residential structures into reducing emissions via ...

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