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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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Dallas mortgage quotes news:
McCain's Annoying Little Fraud - Slate( Pierre, S.D .) McCain would like everyone to think his campaign imploded last summer because of his courageous support for the surge in Iraq : I fought for the right strategy and more troops in Iraq, when it wasn't a popular thing to do. And when ...
September August July June May April March February January 2007 - Nypress.comComing off their best-ever season and being ranked in the preseason polls for the first time in their history, it wouldn’t have surprised anyone if the No. 12 Rutgers Scarlet Knights came out a little overconfident versus lowly University of ...
St. Paul Was in Minneapolis Last Night - New York Times BlogsThat was a line spoken yesterday by Doug Wead at a political convention in Minnesota. The first “St. Paul” he mentioned was the city where the G.O.P. is holding its convention; the second one is Ron Paul , leader of the “constitutionalists ...
September 2005 - MSNBCYou've got to give Pat credit for consistency. He tells the battered Bush, the indicted DeLay, and the investigated Frist to save themselves by launching a culture war. It's the same advice Pat gave the first President Bush after he lost a primary ...
Ask Not What We Want to Hear - Common DreamsLet 'em eat flags! This slap at voters otherwise concerned about their next mortgage payment comes, not from Marie Antoinette, but appears to be the message from the elitist managers at ABC News. Moderator Charles Gibson admonished Sen. Barack Obama ...
Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-ReviewHow 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 ...
Editor's Mailbag - Globe GazetteI’m writing in response to the article in the Jan. 11 issue of the Globe Gazette titled “Casinos bristle at fines.” First, let me clarify that I am not defending casino gambling simply because I live in Worth County. I’m not defending ...
Between the Lines - ZDNet BlogsGet BTL via: Exxon Mobil got “brand-jacked.” About two weeks ago, someone named “Janet,” believed to be a spokesperson for the oil company, started posting one-liner comments about the company on Twitter . There was no reason to doubt the ...
Mickey Kaus - SlateThere isn't another contested Democratic primary for 9 more days ? What are we supposed to do in the meantime? Can't they speed the process up? ... 12:09.A.M. Only waterwork s works: Now he 's crying . [ via Lucianne ] 2:36 A.M. I'm as flummoxed as ...
Handshake ‘disrespect by Boruc’ - Sunday HeraldNACHO NOVO last night accused Artur Boruc of displaying a lack of respect to football after the Polish goalkeeper declined the offer of a handshake from Barry Ferguson, David Weir and Lee McCulloch at the final whistle of yesterday's Old Firm game ...
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