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Ashburnham	Charlton City	Fitchburg	Leicester	North Grafton	Royalston	Sturbridge	Westborough
Athol	Charlton Depot	Gardner	Leominster	North Oxford	Rutland	Sutton	Westminster
Auburn	Cherry Valley	Gilbertville	Linwood	North Uxbridge	Shrewsbury	Templeton	Wheelwright
Baldwinville	Clinton	Grafton	Lunenburg	Northborough	South Barre	Upton	Whitinsville
Barre	Douglas	Hardwick	Manchaug	Northbridge	South Grafton	Uxbridge	Winchendon
Berlin	Dudley	Harvard	Mendon	Oakham	South Lancaster	Warren	Winchendon Springs
Blackstone	East Brookfield	Holden	Milford	Oxford	Southborough	Webster	Worcester
Bolton	East Princeton	Hopedale	Millbury	Paxton	Southbridge	West Boylston

Boylston	East Templeton	Hubbardston	Millville	Petersham	Spencer	West Brookfield

Brookfield	Fayville	Jefferson	New Braintree	Princeton	Sterling	West Millbury

Charlton	Fiskdale	Lancaster	North Brookfield	Rochdale	Still River	West Warren

Today's Mortgage Terms starting with P Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan. Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate. Pre-Approval: The process of calculating how much money a potential homebuyer could borrow. Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term. Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application. Principal: It is the amount of money borrowed or owed, excluding interest. View all Terms

Worcester mortgage loans news:

Homeowner tries raising $40,000 on Facebook - AZCentral.com
Cash-strapped homeowner Farid Shahidinejad is hoping to get by with a little help from his 600 online friends. Under the terms of a recent divorce, the Glendale resident said he must either sell his home for a loss or come up with $40,000 to ...

Area families face reality of losing homes - Recorder
ORANGE -- Soon after she turned 23, Jessica Canning and her husband, Dennis, moved from Athol, taking on a $220,410 mortgage to buy a new three-bedroom, 2ﾽ-bathroom house, with attached garage and a 104,000-square-foot lot. The Cannings made a $20 ...

Brockton Interfaith leaders go to Washington to address city’s ... - Enterprise
A delegation from the Brockton Interfaith Community was heading to Washington, D.C., today to meet with federal and Congressional leaders to address the city’s foreclosure crisis. “This is the time to act,” Connie Miller, a congregant of Our ...

Framingham officials devising foreclosure action plan - Boston Globe
With more than 200 foreclosed properties in town, Framingham officials have put together an action plan to help struggling homeowners, and are awaiting word on federal funds that would support key aspects of the effort. "The first thing is reach ...

CapeCodToday Blog Chowder - Cape Cod Today
"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...

Passing on the buck - Worcester Telegram & Gazette
NEW YORK— Billions of federal bailout dollars are flooding the financial system, credit markets are loosening and many banks say they are ready to lend. But a crucial piece needed to solve the credit crisis is still missing: borrowers. With the ...

Housing Act Offers Promise For Homeowners - Worcester Business Journal
While much attention has been paid to the recently approved “Bailout Bill” for Wall Street, there’s another important Congressional act passed this summer that’s going to have an impact on the housing market. The Housing and Economic Recovery ...

Frank assesses affordable housing, mortgage mess - Worcester Telegram & Gazette
WORCESTER— America has not done enough to help house the homeless, allowing affordable housing units to be lost while no new ones were constructed, and allowing individuals to take on risky mortgages they could not afford, said U.S. Rep. Barney ...

Bay State foreclosure figures on rise again - Boston Globe
The number of foreclosure petitions in Massachusetts more than doubled in September, just four months after the state passed a law intended to encourage lenders to renegotiate the loans of troubled homeowners, new data released yesterday show. The ...

East-West Meets Tough Mortgage Market - Worcester Business Journal
The catchy 1-800-East West jingle that’s familiar to anyone who even only occasionally listens to a minute of radio is much more than that. In fact, the Marlborough-based company, which is a wholly-owned subsidiary of Worcester-based Commerce Bank ...