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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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Henry mortgage quotes news:
Financial News
DIARY-U.S. Treasuries, Wednesday, Jan. 7 - Forbes
Treasury Secretary Henry Paulson delivers remarks on the 'Role of the GSEs in Supporting the Housing Recovery' before the National Economists Club, Washington, D.C., 12 p.m. (1700 GMT) The Mortgage Bankers Association releases Weekly Mortgage Market ...

DIARY - Day ahead in the FX and debt markets - CNBC
This diary is a summary of key events likely to affect trading in the Forex and debt markets. All times GMT. ----- Top FX News: Top Fixed Income News: Top Macroeconomic News: European equities ...

Take our Year-that-Was Quiz before sobering '09 headlines arrive - Atlantic City Press
Happy New Year! Welcome to 2009! Oops. Too loud? Are the half dozen tequila shots you took last night dancing unpleasantly in your head? We apologize. It's understandable that you and the rest of the hungover masses would want to greet the new year ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. If nothing else, Bristol-Myers Squibb has succeeded in giving Carl Icahn a dose of his own medicine. For the first time in memory, the graying ...

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 ...

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