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Today's Mortgage Terms starting with P

Payment Cap:

A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.

Point:

A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.

Pre-Approval:

The process of calculating how much money a potential homebuyer could borrow.

Prepayment Penalty:

A lender's charge to the borrower for paying down the loan before the end of its term.

Pre-Qualification:

A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.

Principal:

It is the amount of money borrowed or owed, excluding interest.

View all Terms
Greene mortgage quotes news:
Financial News
October September August July June May April March February January ... - Nypress.com
Well, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...

Australia stocks down 1.8 pct after Lehman collapse - Forbes
MELBOURNE, Sept 15 (Reuters) - Australian shares fell 1.8 percent on Monday on concerns over the effect on global markets and financial health of Lehman Brothers' filing for bankruptcy protection and Bank of America Corp's acquisition of Merrill ...

BC/DC: Eggerton on Washington - Broadcasting Cable
Watching The Second Presidential Debate My Net Worth Has Fallen And It Can't Get Up Dueling E-mails Palin Vs. Biden Dobbs Rips Media Over Palin Coverage Debate Watch: What Is the Sound of One Voice Debating? At Least This 'Palin' Faces Reporters A ...

Canada doesn't want election, Ignatieff says - Globe and Mail
chris jenkins from Free the West, Canada writes: Every day there is a new 'headline story' with either Dion's or Ignatief's name front and center. There is never a mention of actual Liberal policy, or of any actual story at all, usually just idle ...

Alabama son Peavy to pitch for Braves? It's possible - Atlanta Journal Constitution
The entry titled "Alabama son Peavy to pitch for Braves? It's possible," and any of the comments about it. He’s 27 years old, was a unanimous winner of the 2007 NL Cy Young Award, has averaged 192 innings and 194 strikeouts in six full seasons in ...

Park Slope - New York Observer
"I don't think we live in Park Slope," my roommate said to me one evening, sitting at the kitchen table in our new walk-up. "I think we live in Go-anus. I don't even know how you pronounce that." My roommates and I had recently moved into a three ...

Labour’s glee at the fall of HBOS risks backfiring - Sunday Herald
SCOTTISH LABOURITES at their conference in Manchester last week were practically punching the air at the collapse of HBOS. They think the crisis vindicates their Unionism and reveals Alex Salmond as a tartan fantasist living in an economic Brigadoon ...

Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-Review
Issue: Most Americans see 'judicial activism' crisis: Legal experts shocked by results of survey by American Bar Association publication /WorldNetDaily. DFO: Count me among those who believe the judiciary, particularly the federal judiciary and 9 U.S ...

Wild Card/Vacation Day 11 of 12 - Spokane Spokesman-Review
Only two more shopping days until I return to the final days of the City Council campaigns. Then, we'll have fun taking apart the campaigns. Any dirt yet? Any mudslinging. You know, the good stuff. Or is everyone behaving? My wife is now looking over ...

The Daily Dose - Sporting News
I find it extremely funny that we as fans and as civilized people feel an impending need to predict everything. We have never been able to simply be satisfied with the unforeseen. This couldn’t be more apparent then in sports. Here are just of the ...

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