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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
Grant mortgage quotes news:
Financial News
Canadians support government's handling of economy: Flaherty - Globe and Mail
David Hogg from Victoria, Canada writes: Mr. Flaherty and his cabinet colleagues are economic heroes and legends in their own tiny little minds. The biggest difference in the US economy and ours is reflected in the mortgage market and housing market ...

The rating kings take a battering - The Age
T HEY are staid, respected, low-profile institutions. At least they were until very recently. Their services are both expensive and indispensable. They have a profound influence on investment markets around the world, and therefore, a profound ...

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 ...

September August July June May April March February January 2007 - Nypress.com
Well, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...

25 reasons why Alex should drop local income tax - Scotsman
Local income tax (LIT) will leave a £750 million financial black hole in Scotland. Others have suggested it could be as high as £1.3 billion. 25 reasons ??? I noticed there were no quotes from pensioners or from 'hard working' families who will ...

Should Ron Paul be allowed at Sunday's debate? - Los Angeles Times Blogs
There seems to be a debate going on between Fox News and New Hampshire Republicans over precisely who will participate in this weekend's presidential debate. Rumor has it that online fundraising sensation and Texas congressman Ron Paul and San Diego ...

Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-Review
How about a photo of Coeur d'Alene's newest Sweetheart to end the week? Miss Teen Idaho, Estrella Atkinson , a senior at Lake City High School, along rain soaked Sherman Avenue, Friday afternoon during the Lake City High School Homecoming Parade ...

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 ...

Why The Right Loves a Disaster - Common Dreams
Moody's, the credit-rating agency, claims the key to solving the United States' economic woes is slashing spending on Social Security. The National Assn. of Manufacturers says the fix is for the federal government to adopt the organization's wish ...

Still Blogging About Edwards! - Slate
The GOP's fake immigration tough guys: Mark Krikorian cracks Giuliani's code on immigration . It seems Giuliani wants to stop illegal immigrants at the border but resists "internal" enforcement--e.g., employer sanctions. I'm less gung ho about the ...

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