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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.

View all Terms
Washington mortgage quotes news:
Financial News
UPI NewsTrack Business - United Press International
Quotes delayed at least 20 mins. Stocks spurred by good economic report NEW YORK, Aug. 28 (UPI) -- U.S. stock indexes advanced Thursday spurred by a surprisingly strong economic report while storm-conscious oil prices slowed its rise. The Dow Jones ...

DIARY - Top economic Events - to Sept 12 - Forbes
VIENNA- ECB Governing Council Member Klaus Liebscher holds final news conference before retiring. UNITED STATES- Securities Industry and Financial Markets Association recommends early 1800 GMT close of U.S. fixed-income markets ahead of Labor Day ...

How Palin Got Picked - Weekly Standard
California Governor Arnold Schwarzenegger is skipping the Republican National Convention this week in Minnesota to manage an ongoing budget dispute in Sacramento. Republican officials say Fred Thompson will take his place in the prime-time lineup ...

Aug 24 - Aug 30 (322) - Andrewsullivan.theatlantic.com
Think about what the Palin pick really says about how McCain views this campaign and how he views his potential responsibilities in national security. Think about what it says about the sincerity of McCain's own central criticism of Obama these past ...

Mile High Letdown - Slate
Obama Speech React: 1) A little flat, and not just because of it's now-required State-of-the Union laundry-list passages; 2) Background off, color-wise; 3) Best graf by far: I love this country, and so do you, and so does John McCain. The men and ...

Plus: Obama's failed fight-back - Slate
Effective day for Dems. 1) Bill Clinton outlined a simple, substantive framework for the election. As James Taranto noted, he built a stronger case for Obama than Hillary did--an inversion of how the two Clintons are said to actually feel about the ...

SFGate: World Views - San Francisco Gate
The Labour Party controls Britain's government today, not the Conservative Party whose members are commonly known as the "Tories." In the British parliamentary system, in which parties out of power play a sharply defined role as the political ...

"This election is our chance ... to keep the American promise alive" - Salon
DENVER -- We're still a couple of hours away from the speech in which Barack Obama will officially accept the Democratic Party's presidential nomination, but excerpts of his address have been released. In it, Obama speaks of the American dream, the ...

TheStar.com | Business | Canadian legislators get an earful on oil - Toronto Star
By the time oil prices hit their latest peak in July, the U.S. House and Senate had held at least two dozen hearings on the role speculators may have played in the record run-up. This week, with the summer driving season drawing to a close and the ...

August 2008 - Posts - MSNBC Firstread
Ted Stevens , the grand-daddy of Alaskan politics, has a wary relationship with the new Republican VP pick -- Alaska Gov. Sarah Palin . When Palin was running for governor in 2006, she ousted long time Alaska fixture Frank Murkowski in a hard fought ...

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