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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.

View all Terms
Crow Wing mortgage rates news:
Financial News
GOP convention, Night Two - Atlanta Journal Constitution
Apparently, John McCain was a POW. I’ve always had deep respect for that part of his history, but like anything it can be overplayed to the point of parody. McCain campaign strategist Steve Schmidt told the Washington Post Tuesday that this ...

Thompson defends Palin - Knoxville News Sentinel
Former Sen. Fred Thompson of Tennessee speaks at the Republican National Convention on Tuesday night in St. Paul, Minn. He spoke in defense of Sen. John McCain's vice presidential pick, Sarah Palin, who has revealed that her unmarried 17-year-old ...

St. Paul Was in Minneapolis Last Night - New York Times Blogs
That was a line spoken yesterday by Doug Wead at a political convention in Minnesota. The first “St. Paul” he mentioned was the city where the G.O.P. is holding its convention; the second one is Ron Paul , leader of the “constitutionalists ...

Hillary's Nasty Pastorate - Common Dreams
There's a reason Hillary Clinton has remained relatively silent during the flap over intemperate remarks by Barack Obama's former pastor, Jeremiah Wright. When it comes to unsavory religious affiliations, she's a lot more vulnerable than Obama. You ...

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 ...

American Dream Sours as Housing Market Collapses - Common Dreams
DENVER, Colo. - For Cathy Busby, May 1 marked a personal "Mayday!" as she was sucked into the housing crisis sweeping the United States. On Tuesday, she went into arrears on her mortgage after her monthly repayments soared by 40 per cent. The 47-year ...

Michigan Votes Down Affirmative Action - Inside Higher Ed
Defenders of affirmative action had been encouraged in the campaign’s closing days by polls suggesting growing skepticism for the ban. But in the end, the ban won support from more than 58 percent of voters, according to unofficial results ...

McCain's Cheap Dates? - Slate
I don’t want my 17-year-old son to have to pick tomatoes or make beds in Las Vegas. ” Has Rove accidentally ripped the mask off the vicious social inegalitarianism of Bush's immigration plan, as Mark Krikorian argues , or does a more benign ...

Obama goes gloves off, head-on - Las Vegas Sun
In a Sun interview Sunday, Illinois Sen. Barack Obama addressed the suddenly front-and-center issue of race in his fight with New York Sen. Hillary Clinton for the Democratic presidential nomination. Looking poised and relatively fresh given the ...

Mickey Kaus - Slate
Has Rove accidentally ripped the mask off the vicious social inegalitarianism of Bush's immigration plan, as Mark Krikorian argues , or does a more benign interpretation of his comments save him? It's not like he hasn't said this sort of thing before ...

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