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Today's Mortgage Terms starting with J

Jumbo Loan:

A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.

Junior Mortgage:

A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.

View all Terms
Saint Mary mortgage quotes news:
Financial News
Undernews: Rezko Alert - Slate
McCain wants to fire Chris Cox as head of the Securities and Exchange Commission and appoint ... Andrew Cuomo , under whose leadership the federal Department of Housing and Urban Development damaged several New York neighborhoods when it permitted ...

Next Stunt, Please! - Slate
And do you maybe have some change in your pocket? ... I hear jingling! I just made a deposit at my bank. For the first time ever, the teller asked me if I maybe also wanted to pay down some of the (relatively small) balance in my check-protection ...

Obama to Pre-emptively Attack McCain - ABC News Blogs
With the news that the McCain campaign is launching a full assault on Obama's associates , preparedness, and judgment in a TV ad campaign to start Wednesday -- as detailed in this morning's Washington Post -- the Obama campaign is planning a pre ...

Election 2008 - Weekly Standard
Republican senator Saxby Chambliss will face a much tougher battle than previously expected in his reelection bid in Georgia, according to recent polls. Chambliss leads former state representative Jim Martin by only three points in a Strategic Vision ...

Palin: Obama Not Qualified to Be Commander-in-Chief - ABC News Blogs
ABC News' Teddy Davis, Rigel Anderson, and Arnab Datta Report: Speaking to Fox News on Friday, Sarah Palin indicated for the first time that she does not consider Barack Obama qualified to be commander in chief and sharply criticized him for saying ...

St. Elizabeth, Mythmaker - Slate
McCain wants to fire Chris Cox as head of the Securities and Exchange Commission and appoint ... Andrew Cuomo , under whose leadership the federal Department of Housing and Urban Development damaged several New York neighborhoods when it permitted ...

La Gaffe - San Francisco Gate
The teflon prince Obama finally did it. Just when Bill Clinton was reminding anyone who had forgotten that his wife not just once but repeatedly claimed, falsely, to be dodging sniper fire on the tarmac, Sen. Barack Obama managed a real gaffe ...

McCain's Small Victory - Slate
Stunt Gridlock ? This week's obvious game-changin' stunt for McCain to pull would be opposing the bailout bill , as Dick Morris advises.** But McCain probably can't pull that stunt because of Last Week's Stunt , which involved McCain dramatically ...

Harper unfazed by market crisis - Globe and Mail
J. Kenneth Yurchuk from Toronto, Canada writes: Steve, better consult your psychic hairdresser again, I think her crystal ball is a little cloudy. If have that much ballyhooed degree in economics, try dusting off your sheepskin, and have a look at ...

What is the key factor behind the GOP selection of Sarah Palin for VP? - Atlanta Journal Constitution
“The heart wants what it wants,” director Woody Allen once famously said of his own controversial marriage, and so it is with John McCain. He decided on his vice-presidential “soul mate” Sarah Palin after meeting her just twice — announcing ...

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