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Today's Mortgage Terms starting with S

Second Mortgage:

An additional mortgage that has rights that are secondary to the first mortgage.

Seller’s Market:

Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.

Settlement Costs:

Money paid by the borrowers and sellers to complete the closing of a mortgage.

Settlement Cost (HUD Guide):

HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.

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Henderson mortgage quotes news:

HK shares gain 2 pct as properties, exporters rise - Forbes
HONG KONG, Dec 1 (Reuters) - Hong Kong shares rose 2.1 percent to a three-week high on Monday, as investors snapped up local developers such as Sino Land on hopes of better sales, while exporters gained on reports of brisk U.S. holiday spending. Yue ...

HK Hot Stocks - Banks, properties gain - Forbes
HONG KONG, Dec 1 (Reuters) - The benchmark Hang Seng Index had jumped 2.3 percent to 14,206.91 at 0319 GMT. The China Enterprise Index of top locally listed mainland Chinese firms had risen 3.2 percent to 7,437.30. Here are some of the stocks on the ...

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 ...

Stock & fund quotes - ninemsn
Housing affordability is at its lowest level in 23 years and the average monthly loan repayment on a typical first home in Sydney has topped the $3000 mark. But with interest rates rising another 0.25 percent, it's not only housing affordability that ...

SNAPSHOT - Financial Crisis - 1650 GMT - CNBC
NEWS - Obama urged to shape new economic order - Grim U.S. jobs, services data greet new president - US mortgage applications slump to 8-year low - Pacific Rim nations meet on crisis, G-8 an issue - Brown urges UK banks to pass on interest rate cuts ...

SNAPSHOT - Financial Crisis - 1900 - CNBC
NEWS - Obama urged to shape new economic order - Grim U.S. jobs, services data greet new president - US mortgage applications slump to 8-year low - U.S. House seeks quick economic stimulus package - Pacific Rim nations meet on crisis, G-8 an issue ...

Here's 7 reasons to reject Obama - Evansville Courier-Press
Here are seven reasons not to vote for Barack Obama. Obama wants to issue driver's licenses to illegal immigrants. He even advocated this while in the Illinois Senate. Obama is for gun control. Are you listening, hunters and folks who just want to ...

Palin makes appeal to women voters - Las Vegas Sun
By the time Republican vice presidential candidate Sarah Palin strode onto the stage at the Henderson Pavilion today, her crunch-time strategy for Nevada was obvious. Backed by a panel that included prominent members of the National Organization for ...

Addressing foreclosure crisis - Las Vegas Sun
One of the unfortunate outcomes of the housing slump in the Las Vegas Valley is the effect the record number of foreclosures is having on neighborhoods. Entire city blocks resemble checkerboards of properties for sale or in foreclosure mixed with ...

Jake could make for J-heavy rotation - Atlanta Journal Constitution
The entry titled "Jake could make for J-heavy rotation," and any of the comments about it. A few things while pondering how a rotation with Jake, Jair and Jorge would be in J-overload if Jo-Jo were also to join (realizing, of course, his name ...