Today's Mortgage Terms starting with L

Lender:

The bank, mortgage company or mortgage broker providing the loan.

Loan Application:

A statement of personal and financial information needed to apply for a loan.

Loan Application Fee:

A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.

Loan Origination Fee:

Fee charged by a lender for the administrative costs of processing a loan.

Loan to Value Ratio (LTV):

The balance of the mortgage outstanding as a percentage of the home's price.

Lock or Lock In:

A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.

View all Terms

Iron mortgage rates news:

POLL-Aussie dollar heading south, with interest rates - CNBC
SYDNEY, Sept 4 (Reuters) - The Australian dollar is seen extending its aggressive sell-off since mid-July to reach 80 U.S. cents over the next 12 months, on expectations the central bank will cut interest rates repeatedly to support flagging growth ...

Australian growth slows on weak demand - Financial Times
Australia’s economic growth rate has fallen to its lowest level in three and a half years with a particularly weak consumer spending result detracting from growth in business investment and government spending. The Australian Bureau of Statistics ...

Australia's Economic Growth Slows to 0.3% on Spending (Update2) - Bloomberg
Sept. 3 (Bloomberg) -- Australia's economic expansion slowed to the weakest pace in more than three years, stoking speculation the central bank will add to yesterday's interest- rate cut, the first since 2001. Gross domestic product rose 0.3 percent ...

Karachi stocks manage to make a positive closing, index up 0.11 pts - Daily Times
KARACHI: The Karachi stock market managed to close in the positive territory on Thursday. Analysts said news about an attack on prime minister’s car at Islamabad Highway did not affect the investors’ sentiments negatively as they are expecting ...

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 ...

Nick Robinson's Newslog - bbc
What on earth do you mean by that? That is the question that is still being asked about Alistair Darling's interview with the Guardian at the weekend. The one in which he declared that the economic times we're living through were "arguably the worst ...

Money Is the Real Green Power: The Hoax of Eco-Friendly Nuclear Energy - Common Dreams
Nuclear advocates in government and the nuclear industry are engaged in a massive, heavily financed drive to revive atomic power in the United States-with most of the mainstream media either not questioning or actually assisting in the promotion ...

Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-Review
How about a photo of Coeur d'Alene's newest Sweetheart to end the week? Miss Teen Idaho, Estrella Atkinson , a senior at Lake City High School, along rain soaked Sherman Avenue, Friday afternoon during the Lake City High School Homecoming Parade ...

The Hypocrisy and Danger of Anti-China Demonstrations - Common Dreams
We hear that Tibetans suffer "demographic aggression" and "cultural genocide". But we do not hear those terms applied to Spanish and French policies toward the Basque minority. We do not hear those terms applied to the US annexation of the Kingdom of ...

Coming Soon: SR to Release E-mail Exchanges ... (Not so fast...) - Spokane Spokesman-Review
Of the 50 messages, a few have explicit photos embedded in the message. We can't publish those photos (one shows a toddler's penis). We also have a strong ethical policy against blurring or otherwise manipulating photos. Some of the messages are ...