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Today's Mortgage Terms starting with H

Home Equity Line of Credit:

A type of revolving credit in which your home is used as collateral.

Home Equity Loan:

A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.

Housing and Urban Development (HUD):

A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

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Hendry mortgage rates news:
Financial News
Fear trumps government efforts to solve crisis - MSNBC
With global stock markets continuing their sickening plunge and the credit system all but shut down, efforts by the Federal Reserve, Treasury and global leaders have been overwhelmed by global panic. The wide-ranging, unprecedented actions to cure ...

The new improved Paulson plan - Salon
Two passages stand out in the statement released late Friday afternoon by Treasury Secretary Henry Paulson, after the conclusion of a meeting between “G-7 Finance Ministers and Central Bank Governors.” We are developing strategies to use the ...

Site Presented By - Salon
Call it whiplash Friday — a day of stock market extremes to test the nervous system of any trader, no matter how hard-boiled. Immediately after trading commenced, the Dow Jones industrial average plunged 660 points, only to turn around and erase ...

Payrolls drop nationally, unemployment at 6.1% - Evening Star
(Bloomberg) - The U.S. lost more jobs than forecast in August and the unemployment rate climbed to a five-year high of 6.1 percent, a sign that the economic slowdown is worsening two months before Americans elect their next president. Payrolls fell ...

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sources: informars.com, erate.com, Freddie Mac
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