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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.

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Harris mortgage quotes news:
Financial News
The World Newser - ABC News Blogs
George Stephanopoulos interviewed Israeli Foreign Minister Tzipi Livni briefly today on Israel's decision to reject international calls for a 48 hour cease-fire . Livni said that a cease-fire "doesn't serve Israel" because Hamas will "abuse any kind ...

The Note - ABC News Blogs
ABC News' Karen Travers Reports: Entertainer Al Franken may be getting closer to one of the most hotly contested Senate seats in the U.S. The Democrat gained a 50 vote lead over Republican Sen. Norm Coleman in Minnesota's Senate race after the state ...

1) The majority of Canadians are not stupid - Globe and Mail
Derek Blood from Canada writes: hapersuks andblows from mississauga, Canada writes: Good for the bailout, the more the better. Ontario is Canada and the auto industry must survive. Ontario is not Canada. It is Ontario. The auto sector should survive ...

December 2008 - Posts - MSNBC Firstread
Secretary of State Condoleezza Rice has spoken to 12 foreign officials about the crisis in Gaza since Friday and has briefed President-elect Obama regularly, the State Department said today. The Bush Administration has refused to call for an ...

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