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Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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Stillwater mortgage quotes news:
Paramount Gold and Silver Corp. to Trade on the New York Stock ... - Market WireOTTAWA, ONTARIO--(Marketwire - Nov. 28, 2008) - Paramount Gold and Silver Corp. (NYSE-A:PZG)(TSX:PZG)(FRANKFURT:P6G) advises that effective December 1st, 2008, its common shares will trade on the New York Stock Exchange trading floor under the NYSE's ...
News & Features Navigation - Minnesota Public RadioThe Bush administration and Federal Reserve Chairman Ben Bernanke have proposed a $700 billion bailout of failing U.S. financial institutions. Photo: #Rep. James Oberstar, D-Minn., says he believes most Minnesotans will support the revised the ...
Bush Failed Fiscal Policy - OpEdNews.comJay Farrington: National Emergency: The Bush Depression is Obama's 9/11. (6 comments) Until Obama realizes he is dealing with a crises on the order of 9/11, that it is a national emergency, and until he can convince Washington, Wall Street and Main ...
Senator John McCain R-AZ - OpEdNews.comRay McGovern: Robert Gates: As Bad As Rumsfeld? (8 comments) "As Bad As Rumsfeld?" The title jars, doesn't it. The more so, since Defense Secretary Robert Gates found his predecessor, Donald Rumsfeld, such an easy act to follow. But the jarring part ...
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