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

Phelps mortgage rates news:

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. To understand the dynamic of how big banks and companies are raising money these days, look to General Electric and J.P. Morgan. In these ...

Crisis Creates Opening for FDR-Like Economic Overhaul (Update1) - Bloomberg
Nov. 3 (Bloomberg) -- Bill Clinton , said his onetime adviser Dick Morris , never got a chance to prove he was a great president because he never faced a big crisis. No one will be able to say that about Barack Obama or John McCain . Like Franklin ...

Milwaukee's Silver City neighborhood: Mark and Mel Miskimen - Milwaukee Journal Sentinel
Old bottles add sparkle to a window of the Miskimen home. The couple hope to replace the home's windows with energy-efficient models soon. Jeffrey Phelps The Miskimens - Mark, Mel and Angus (and dog Harvey) - have worked hard to transform their S ...

Business Digest - Providence Journal
Extra benefits for laid-off workers The 400 workers who lost their jobs when KIK Custom Products Inc.’s plant in Cumberland shut down will be eligible for extra help through the federal Trade Adjustment Assistance program, which helps laid-off ...

Steve Young's wife lines up against Mormon church on Prop. 8 - San Francisco Gate
The signs on the front lawn of former 49er quarterback Steve Young's Peninsula home say "No on Prop. 8," which normally wouldn't be much of a story in the Bay Area, a gay-friendly region which is the center of opposition to the effort to ban same-sex ...

An opportunity in a crisis, Mr President - Business Day South Africa
BILL Clinton, said his onetime adviser Dick Morris, never got a chance to prove he was a great president because he never faced a big crisis. No one will be able to say that about Barack Obama or John McCain. Like Franklin Delano Roosevelt and Ronald ...

Nobel Economists Offer First Aid For Global Economy - Free Internet Press
Five winners of the Nobel Price for Economics share their views on what the future global finance order should look like in exclusive essays for German news magazine Spiegel. Later this week, the heads of state and government of more than 20 ...

Braves fans, it just feels late - Atlanta Journal Constitution
It’s Thanksgiving and we’re all thankful for something, most of us for a whole lot. So have a good one, everybody, and try to be thankful for what you have despite these rough times. We’re glad you come here to the Braves/Man In Black blog ...

The Â£5,000bn bailout - bbc
If I were you, I wouldn't get too worked up by the Bank of England 's estimate that credit-crunch losses now total Â£1,800bn on an assortment of financial assets , such as mortgage-backed securities and corporate bonds. Of course it's a big number ...