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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Carter mortgage quotes news:

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 - Weekly Standard
The terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...

On politicians’ pay, parents’ responsibility - Atlanta Journal Constitution
Atlanta’s next mayor should be paid $225,000, up from $147,500, advises one of those commissions that politicians appoint to provide pay-raise cover. Ostensibly the higher pay is to attract better candidates. That assumes, of course, that losers ...

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 ...

Fannie Mae and Freddie Mac: The world's biggest bailout - Guardian Unlimited
It's a funny old business when a Republican administration espousing small government and unfettered capital markets has to nationalise the country's two biggest mortgage companies to the tune of at least $200bn (£113bn). The US treasury secretary ...

Video of Obama's Bankrupting Coal Industry Remarks - News Busters
On Sunday, my colleague P. J. Gladnick helped break the story about Barack Obama discussing how his carbon cap and trade proposals would bankrupt coal-fired power plants. Hot Air's Ed Morrissey has found a video of that interview with the San ...

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 ...

What can John McCain do? - Atlanta Journal Constitution
Barack Obama enters the final week of the presidential campaign with supporters and the media propelling the inevitability of his coronation a week from Tuesday. What can John McCain do? He has six work days and a weekend to convince the nation that ...

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 ...

It depends on what the meaning of ‘even’ is…. - Atlanta Journal Constitution
You have to feel sorry for people like Rick Davis, John McCain’s campaign manager. In a conference call with reporters, he just claimed the race in Iowa is dead even. The four most recent public polls in Iowa put the margin at 14, 15, 8 or 11. The ...