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Today's Mortgage Terms starting with T

Term:

The period of time in which a loan must be paid off.

Truth-In-Lending Act:

Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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Valley refinance mortgage news:
Financial News
Fitch Affirms Dormitory Authority of New York's Mental Health Bonds 'A ... - Earthtimes
NEW YORK - (Business Wire) Fitch Ratings affirms the 'A+' rating on approximately $170 million Dormitory Authority of the State of New York (DASNY) mental health services facilities improvement revenue bonds, series 2008F and the underlying 'A ...

Mortgage-rate drop may spur home purchases, refinancing - AZCentral.com
Valley residents waiting for the right time to buy a home or refinance their mortgage received a nice holiday gift from the federal government this week. The Federal Reserve's announcement Tuesday that it would spend $600 billion to buy up mortgage ...

New mortgage crisis looms amid current meltdown - East Valley Tribune
WASHINGTON - The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Meltdown far from over, new mortgage crisis looms - Napa Valley Register
WASHINGTON - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...

Obama: So far so good - Napa Valley Register
With the appointment of Christine Romer to head up his council of Economic Advisors, the key person to advise the President on economic policy, Obama has put in place an economic team that consists of centrists if not right of center policy makers ...

Don't use credit card to pay mortgage - Sauk Valley Daily Gazette
DEAR DEBT ADVISER: I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713. I'm wondering if I would be better off to max out all my credit cards - the combined limit total is approximately $70,000 - and pay down my ...

Mortgage rate drop sparks surge in consumer interest - San Jose Mercury News
Borrowers descended on the home loan industry Wednesday after the federal government's latest move to shore up the financial system sparked a sharp drop in interest rates. Valley brokers said business picked up immediately as rates dropped from 6 ...

News & Features Navigation - Minnesota Public Radio
Minnesota Public Radio coverage of the foreclosure crisis. Photo: #The foreclosure crisis has led to a sharp increase in the number of abandoned buildings in the city of Minneapolis. The city's list of vacant and boarded properties has grown to more ...

Commercial real estate seen as next crisis sector - Buffalo News
WASHINGTON — The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Foreclosure: Nevadans hit hard in national crisis - Reno Gazette
Shelly Griese hates to move. But in the last four months, the 47-year-old Reno resident found herself doing exactly that. Twice. Packing boxes on a clear November afternoon, a tired and dejected Griese expressed disbelief on how quickly her life has ...

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