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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

Branch mortgage rates news:

How to determine your bank's financial health - Los Angeles Times
More people have been asking that question since the collapse of Pasadena mortgage giant IndyMac Bank in July. After the government took over the bank, many customers had to wait in line for hours before they could speak to anyone about their ...

Nationwide in talks with smaller rivals - Financial Times
Nationwide, the UK’s largest building society, is in advanced talks to merge with two smaller rivals, the Cheshire and the Derbyshire, in the most high-profile sign to date of consolidation in the sector. The move comes as the fall-out from the ...

New Delhi, September 7 - Tribune
The economy is expected to perform better in the second quarter (July-September 2008) and is likely to record a growth rate of 8.5 per cent, up from 7.9 per cent witnessed in the first quarter, says an international investment banker. “In Q2 of the ...

First-time home buyers in Oklahoma shrugging off $7,500 federal help - Daily Oklahoman
The new federal housing law gave with one hand — the $7,500 tax credit — but took away with another, mortgage consultant Scott Senner said. The law eliminated certain kinds of down-payment assistance and raised the mandatory down payment on ...

Inside Business - Omaha World-Herald
The Academy of General Dentistry (AGD) is pleased to announce Robert W. Hurley, DDS, MAGD , of Council Bluffs, Iowa received the prestigious Mastership Award during the AGD's Convocation ceremony, a commencement celebration that recognizes AGD member ...

Scarcity of student loans fuels concerns - Portland Tribune
Chef Bruce Bowers leads a patisserie and baking class at the Western Culinary Institute. The school launched an internal loan program three months ago to help students who were rejected by private lenders. It was daunting enough that Lyssa Story ...

House prices still sliding but some see stability - Stuff
House values in the Wellington region fell 3.8 percent in the past year, with Lower Hutt and the capital's western suburbs taking the biggest hits, according to Government property valuer QV. The average sale price for the region slipped from $451 ...

Coverdell, gun joke, gas prices - Atlanta Journal Constitution
It’s no secret that I was a great fan of the late Paul Coverdell, the U.S. senator from Georgia who was destined for greatness until his premature death in 2000. One of the nicest and most unexpected tributes imaginable came this week in ...

RNC Media Intimidation Condemned - Common Dreams
MINNEAPOLIS - Police and local and federal officials in St. Paul, Minnesota are under fire from independent media groups for their crackdown on reporters at this week's Republican National Convention. "We are concerned that police in St. Paul ...

McCain's vice presidential candidate vows to upend Washington - Knoxville News Sentinel
Former Arkansas Gov. Mike Huckabee speaks during the Republican National Convention in St. Paul, Minn. ST. PAUL, Minn. - Claiming her historic place on the Republican ticket, vice presidential candidate Sarah Palin mocked Barack Obama's experience ...