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Today's Mortgage Terms starting with O Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal. View all Terms

Houston mortgage rates news:

Brazil leads plunge in Latin markets - Houston Chronicle
A trader works at Brazil's mercantile and futures exchange in São Paulo on Monday. Brazilian stocks tumbled 15 percent. SÃO PAULO, BRAZIL — Latin American stocks plunged Monday, led by a stunning 15 percent intraday drop in Brazilian shares, on ...

Dollar notches biggest one-day gain vs. euro - Houston Chronicle
The euro had its biggest one-day drop against the yen since its 1999 debut as the deepening credit crisis prompted European governments to pledge bailouts for troubled banks while stopping short of coordinated action. The 15-nation currency fell ...

World Markets Rebound Some After Tumble - Click2Houston.com
Asian stocks are showing signs of life after opening sharply lower. Several markets climbed into positive territory or pared losses after a global market rout the previous day. Australian stocks jumped after its central bank cut interest rates by a ...

Wall Street bailout harkens back to S&L crisis - Seattle Times
The $700 billion bailout of Wall Street's subprime-tainted securities hearkens back to the real-estate bets that sparked the savings-and-loan crisis in the 1980s. The geography is the same, too. Then, as now, the government created a taxpayer-funded ...

Business Minute: Tough week...Bailout deal done...Charlotte's ... - Idaho8.com
NEW YORK (AP) - Stocks finished a brutal week on a down note. The Dow fell 157 points to 10,325. It was down more than 7% for the week. WASHINGTON (AP) - Now that the financial package has been signed, Treasury Secretary Henry Paulson is pledging to ...

Subprime Devastation Retraces Path of S&L Crisis in U.S. States - Bloomberg
Oct. 8 (Bloomberg) -- The $700 billion bailout of Wall Street's subprime-tainted securities harkens back to the real- estate bets that sparked the savings and loan crisis in the 1980s. The geography's the same, too. Then, as now, the government ...

Take Steps To Avoid Outliving Your Nest Egg - CNBC
Amid the market melee, you may be starting to question the investment strategy behind your battered portfolio, but before you attempt any knee-jerk moves to mitigate risk, consider the impact an uber conservative investment stance might have on your ...

Plunge in markets brings another kind of depression - Los Angeles Times
A Porter Ranch man who murdered his family and killed himself last weekend as he faced financial ruin is the latest and most extreme case of a wave of distress washing over the American psyche. Karthik Rajaram, an unemployed financial advisor, left a ...

Lancelot, Landsbanki, Clearstream, Siemens, SGL in Court News - Bloomberg
Oct. 9 (Bloomberg) -- Lancelot Investment Management and its hedge funds were sued by investors and a Royal Bank of Scotland Group Plc unit for loaning about $1 billion to a company run by Thomas Petters , who is charged with fraud. The lawsuits ...

FBR Capital Markets to Report Third Quarter 2008 Results - Yahoo Finance
Investors wishing to listen to the earnings conference call at 9:00 A.M. U.S. EDT, Wednesday, October 22, 2008, may do so via the Web at: http://phx.corporate-ir.net/phoenix.zhtml?c=204322&p=irol-irhome . Replays of the webcast will be available ...