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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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Anderson mortgage quotes news:

Lawsuit: Police forced soldiers to lick ground - Milwaukee Journal Sentinel
Wisconsin National Guardsmen Anthony Anderson and Robert Schiman filed the suit against the city of Wisconsin Dells, its police chief and three officers last week in U.S. District Court in Madison. The guardsmen, both of whom have served two tours of ...

TOPWRAP 6-Sales draw U.S. shoppers, Asian economies stumble - Forbes
LONDON/NEW YORK, Nov 28 (Reuters) - U.S. shoppers awoke early for post-Thanksgiving sales on Friday in a key test of the country's ability to lead an economic recovery as sharp production declines in Asia gave fresh evidence of the global crisis ...

TOPWRAP 4-Japan output fall worse than expected, India slow - Forbes
LONDON, Nov 28 (Reuters) - Asian economic powerhouses saw production tumbling on Friday, while in the United States Thanksgiving sales offered a key test of America's ability to spearhead recovery from global crisis. Euro zone inflation plunged to an ...

UPDATE: Crites Field reopens after mishap - Milwaukee Journal Sentinel
Nov. 26, 2008 3:58 p.m. | Waukesha County's Crites Field is now open for air traffic following a mishap this afternoon in which a four-seat aircraft slid off of the main runway into an adjacent muddy field, an airport official said. The pilot decided ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

November 2008 - Weblogs.baltimoresun.com
In an analysis of TV journalism on Wednesday night, I wrote that a red-ball event like the terrorist attacks in Mumbai often provided a great look into a news oganization. But in expressing my dismay at the way MSNBC couldn't let go of the comedic ...

'Sassy' Elisabeth Hasselbeck believes in Maverick Sarah Palin - Popwatch
That is just one issue on his background. I find it interesting that two Wits have been sent to the US Supreme Court ... one from PA and one from New Jersey on the background issue. It isnt lame and serious ramifications do exist if the background ...

Lingua publica - Enter Stage Right
"It will not be six months before the world tests Barack Obama like they did John Kennedy... Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy. I can give you at least four or five scenarios from ...

Too Much To Give Up? - San Francisco Gate
I agree with you blaudau that there has to be something behind this such as a third party. I can't imagine that the team is going for broke in 09 and would mortgage the future for having Matt Holiday for one year--and with Boras as his agent you have ...

comment further upon finalization of deal - San Francisco Gate
I agree with you blaudau that there has to be something behind this such as a third party. I can't imagine that the team is going for broke in 09 and would mortgage the future for having Matt Holiday for one year--and with Boras as his agent you have ...