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Today's Mortgage Terms starting with I

Index:

An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.

Initial Rate:

The rate charged for the first interval of an ARM loan.

Interest:

Compensation in the form of money paid for the use of money.

Interest Rate Cap:

Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.

View all Terms
Green mortgage quotes news:
Financial News
Stock & fund quotes - ninemsn
Official interest rates are expected to be slashed by another 75 basis points on Tuesday, after a fall in a key inflation measure gave policy makers the green light to act aggressively. All 18 economists surveyed by AAP expect the Reserve Bank of ...

Finalists named for UW-Green Bay chancellor's post - Milwaukee Journal Sentinel
Nov. 26, 2008 2:58 p.m. | A business executive and a sitting college president are among four finalists for the chancellor position at the University of Wisconsin-Green Bay, officials announced today. After a series of public forums, UW System ...

Robinson: All of today's uncertainty may create a better future - Peoria Journal Star
May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short story by the ...

America transformed - Detroit News
"May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short story by the ...

"May we live in interesting times" - Denver Post
"May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short story by the ...

Robinson: blessed to be living in interesting times - Argus Leader
WASHINGTON - "May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short ...

Blessings Of the Moment - Washington Post
"May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short story by the ...

Living in interesting times isn't as bad as it might seem - Statesman Journal
One of the earliest reliable citations seems to be a 1950 short story by the British science-fiction author Eric Frank Russell, writing under the pen name Duncan H. Munro, who quotes the imprecation and then adds: "It isn't a curse any more. It's a ...

Eugene Robinson: Opportunity is in the air in these interesting times - State Journal-Register
WASHINGTON — “May you live in interesting times” is supposed to be an ancient Chinese curse, but I can’t find evidence that the saying is Chinese at all, much less that it’s ancient. One of the earliest reliable citations seems to be a 1950 ...

Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe Haven
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

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