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Today's Mortgage Terms starting with R

Refinancing:

The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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Clay mortgage rates news:
Financial News
US moves to get rescue plan started; stocks rise - CNN Money
NEW YORK (Associated Press) - The Bush administration said Monday it was studying ways to take partial ownership of some banks, while Europe took swift, unified action to thaw frozen lending and get the global economy moving again. Stock markets ...

Obama visits SSU - Ironton Online
Supports for Barack Obama raise campaign signs in the air as they wait for Thursday evenings event to begin on the campus of Shawnee State University. PORTSMOUTH — He’s 9 years old now. So it will be another nine years before Clay Willis gets to ...

JAMIE SAMUELSEN'S BLOG ARCHIVE - Detroit Free Press
Coach Rod Marinelli met with owner William Clay Ford on Monday as he often does the day after a game. But Marinelli said they did not talk about his future, despite the Lions’ miserable 0-4 start, and Ford did not ask or order him to play any ...

Home refinancing scam leads to charges - Spencer Daily Reporter
A mortgage and home refinancing scam has led to charges against an Emmetsburg woman. Emmets-burg police officers took 56-year-old Terry Hoffert into custody Thursday on behalf of the Spencer Police Department. She was charged with ongoing criminal ...

Gay support group criticizes Mormon leadership - ksl.com
If I recall, that makes it OK to teach gay marriage in public school without the permission of the parent or guardian. Since the gay religion can do that, I say bring back all religious discussion in public schools. If you don't think the gay point ...

Frank: Criticism of Congress is now racist, too - Hotair.com
Barney Frank’s latest defense of Congress over the financial meltdown could be predicted based on the success of Barack Obama’s campaign in using the same defense.  According to Rep. Frank, any attempt to pin the blame for the collapse of Fannie ...

Wagging the Dog With Fannie Mae: Republicans Explain the Financial ... - Huffingtonpost.com
"Is this video a lie?" wrote someone in response to my last piece on HuffPost. No, "lie" is an inadequate description. I uploaded the video link, seen by two million people before me, and gasped at the artful perversion of history. It was like a post ...

Nancy Pelosi talking about a new economic stimulus package - Los Angeles Times Blogs
House Speaker Nancy Pelosi upped the ante today in her running battle with the White House. President Bush has been cool, to say the least, to further spending to boost the economy on top of the $700-billion bailout/rescue/whatever package he signed ...

Barney Frank Says Race a Factor in Subprime Blame Game - ABC News Blogs
The Chairman of the House Financial Services Committee, Rep. Barney Frank, D-Mass., yesterday said Republicans are misplacing blame when they target Democrats' efforts to expand affordable housing -- and Frank alleged there was a racial component to ...

More on an Obama surge: Black Georgians nearly match whites in new ... - Atlanta Journal Constitution
Secretary of State Karen Handel is on record saying that there is no giant surge of voter registration in Georgia — and in the largest context, she’s right. Newly released figures from her office show that 406,379 new voters registered between ...

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