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Center Ossipee Chocorua Effingham Jackson Mirror Lake Ossipee Tamworth Wolfeboro Falls
Center Sandwich Conway Freedom Kearsarge Moultonborough Sanbornville Union Wonalancet
Today's Mortgage Terms starting with P

Payment Cap:

A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.

Point:

A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.

Pre-Approval:

The process of calculating how much money a potential homebuyer could borrow.

Prepayment Penalty:

A lender's charge to the borrower for paying down the loan before the end of its term.

Pre-Qualification:

A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.

Principal:

It is the amount of money borrowed or owed, excluding interest.

View all Terms
Carroll mortgage quotes news:
Financial News
Mile High Letdown - Slate
Obama Speech React: 1) A little flat, and not just because of it's now-required State-of-the Union laundry-list passages; by September; 2) Background off, color-wise; 3) Best graf by far: I love this country, and so do you, and so does John McCain ...

Park Slope - New York Observer
Scarpetta chef Scott Conant may be "too modest" to say it , but here's proof that Italian is the new French. Literally, in this case: beloved former French bistro Cocotte in Park Slope is being converted into some type of red-sauce joint, described ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Tuesday about Hispanic voters in the Midwest incorrectly identified Phil Walzak. He is a spokesman for Democrat Barack Obama's presidential campaign, not for Republican John McCain's campaign. A quote Tuesday in a Public Investigator ...

School Board fires Ray Baker - Naples Daily News
An emotional Linda Abbott proved to be the crux over whether or not Collier County Public Schools Superintendent Ray Baker would keep his job. In the end, she decided the school district was better without Baker. The board voted 3 to 2 Tuesday ...

Mickey Kaus - Slate
A federal judge in San Francisco yesterday temporarily barred the Department of Homeland Security from carrying out new rules to crack down on employers of illegal immigrants, dealing a legal setback to the Bush administration's effort to get crops ...

Big Zell DisĀ  - Slate
The poverty numbers are good economic news at a time when financial markets have been rattled by a slumping housing market. However, the numbers released Tuesday represent economic conditions from a year ago . [E.A.] Is there any reason to think the ...

Giants Are All Talk, No Action - San Francisco Gate
So there goes Andruw Jones. To the Dodgers. Miguel Cabrera? Gone? Alex Rodriguez? Ha Ha Ha Ha Ha! The Giants need a bat, a big bat. But these linup-fixers are slowly, surely going to other bat racks. Andruw Jones at $18 million a year? OK, maybe the ...

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