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Today's Mortgage Terms starting with D

Default:

Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.

Discounted Loan:

When the note rate on a loan is lower than the market rate, it is a discounted loan.

Discount Point:

A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.

Down Payment:

The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.

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Atkinson mortgage rates news:
Financial News
Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-Review
How about a photo of Coeur d'Alene's newest Sweetheart to end the week? Miss Teen Idaho, Estrella Atkinson, a senior at Lake City High School, along rain soaked Sherman Avenue, Friday afternoon during the Lake City High School Homecoming Parade ...

Bipartisan energy bill a bad effort - North County Times
If Patricia McFarlane (Letters, Feb. 25) had bothered to read the Energy Independence and Security Act, she might not have agreed with Nick Leibham. She states "that bill was a bipartisan effort." Fourteen Republicans voted for it, and seven ...

Free Classifieds Seattle, WA - Seattle Weekly
Getting accused by the feds of running a high-stakes prostitution racket is just business as usual. Andrea Allen purchased a used 1999 Ford Windstar at a Toyota dealership in Puyallup about three years ago. It came with a one-year warranty from the ...

Former newspaper baron reports to Florida prison - Daily Oklahoman
COLEMAN, Fla. — Lord Black of Crossharbour is in federal prison. Two girls, 11 and 13, found shot on roadside... Clues sought in slaying of girls in Weleetka The Investigation: What happened? Investigators screening computers, searching... Seeking ...

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