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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.

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Tate mortgage rates news:
Financial News
Corrections and clarifications - Milwaukee Journal Sentinel
An article Wednesday about a proposed merger of Milwaukee County justice facilities incorrectly stated that the House of Correction is in County Supervisor Paul Cesarz's district. It is in Supervisor Mark Borkowski's district. An item in the Life ...

Cramer, Others Say Time To Bail On Europe - CNBC
The weakening U.S. dollar's mirror image is the strengthening euro and that has some people concerned about European stocks and the dollar derived earnings of European companies. One of those people would be CNBC's Jim Cramer, who says its time to ...

FCC vs cable, it’s getting nasty - Advanced Television
The stand-off between FCC chair Kevin -Martin and the US cable industry is getting serious, and complicated. Two of his fellow Republican commissioners seem to be doubting the validity of his data for deermining that cable has crossed the arcane 70 ...

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sources: informars.com, erate.com, Freddie Mac
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