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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. View all Terms

Stephens mortgage rates news:

Economic growth slows to a crawl - Australian Broadcasting Corp.
New official figures show annual economic growth has fallen to its lowest level in seven years. The National Accounts show the economy grew by 0.1 per cent in the September quarter, less than the 0.2 per cent quarterly growth rate most economists had ...

Rents up in New Orleans while $846m sits unclaimed - FOX News
NEW ORLEANS — The four-unit shotgun house that Sandra Marshall bought after decades of double shifts has sat untouched since the flooding of Hurricane Katrina, while nearly $850 million in federal aid for her and thousands of other mom-and-pop ...

Embrace the deficit now - The Australian
IN different circumstances a healthy suspicion of government deficits and debt is desirable, and will be so again in the future. But in the midst of a rapidly worsening global economic crisis, the political clash between Kevin Rudd and Malcolm ...

Fred Russell case may spur tougher drunk-driving penalties - Spokane Spokesman-Review
Fred Russell may be sitting in a cell, but his name’s popping up frequently in Olympia, where state lawmakers are weighing changes to catch drunken drivers and toughening the sentences for those who kill. “We will tell people once and for all ...

'Sassy' Elisabeth Hasselbeck believes in Maverick Sarah Palin - Popwatch
That is just one issue on his background. I find it interesting that two Wits have been sent to the US Supreme Court ... one from PA and one from New Jersey on the background issue. It isnt lame and serious ramifications do exist if the background ...

Stephens sees opportunities - Arkansas Times
Arkansas Business has a report on a memo Warren Stephens circulated in the Stephens financial empire today. They are cool in the current financial meltdown, thanks to modest leveraging of assets and heavy investment in conservative securities. He ...

As New Orleans suffers rental shortage, $846 million in federal aid ... - Chicago Tribune
NEW ORLEANS (AP) _ The four-unit shotgun house that Sandra Marshall bought after decades of double shifts has sat untouched since the flooding of Hurricane Katrina, while nearly $850 million in federal aid for her and thousands of other mom-and-pop ...

Rents up in New Orleans as $846 million in federal Hurricane Katrina ... - Dallas Morning News
NEW ORLEANS — The four-unit shotgun house that Sandra Marshall bought after decades of double shifts has sat untouched since the flooding of Hurricane Katrina, while nearly $850 million in federal aid for her and thousands of other mom-and-pop ...

With aid in limbo, New Orleans rents rise - San Francisco Gate
Tuesday, November 25, 2008 "I have old tenants calling me all the time asking when I'm going to get the place back up and running. I wish I knew," said Marshall, 56, who worked days as a postal clerk and nights as a housekeeping manager to buy her ...