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Arcade Castile Gainesville North Java Portageville Strykersville Wyoming
Attica Cowlesville Java Center Perry Silver Lake Varysburg
Bliss Dale Java Village Pike Silver Springs Warsaw
Today's Mortgage Terms starting with A

Accrued Interest:

Interest earned but has not been paid

Additional Principal Payment:

A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.

Adjustable Rate Mortgage:

Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.

Adjustment Period:

Applicable to an ARM, the time between changes in the interest rate.

Amortization:

Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.

Amortization Schedule:

A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.

Annual Percentage Rate (APR):

The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.

Appraisal Fee:

A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.

Assumable Mortgage:

A mortgage that can be taken over by the buyer when a home is sold by the previous owner.

View all Terms
Wyoming mortgage quotes news:
Financial 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. The FDA, the CDC, Medicare and Medicaid all fall under one federal department: Health and Human Services . Tom Daschle , the former leader of ...

November 2008 - ABC News Blogs
1. Who will play a bigger role in filling out President-elect Barack Obama’s Cabinet -- Joe Biden, Bill Clinton, or Doris Kearns Goodwin ? 2. Will the Republican Party have to blow itself up to put itself back together ? (Which of those directions ...

2008 (2665) - Dakota Voice
► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...

May 4 - May 11 - Dakota Voice
► January 16 - January 23 (1) Fox News is reporting on a new Pulpit Initiative by the Alliance Defense Fund ( ADF ) to challenge the 50-year old restriction on political speech for tax exempt organizations. Conservative legal advocates are ...

Turmoil puts states' credit in jeopardy - Denver Post
Nov 9: Big loss of jobs, big gain for stocks punctuate week's end Analysis: Markets half full or half empty? Nov 7: Jobless rate bolts to 14-year high of 6.5 percent Nov 6: White House's plan to borrow $550 billion detailed Nov 4: Wall Street enjoys ...

History and This Election Say: Don't Govern From the Middle - Common Dreams
Even before the buzz of Barak Obama's historic victory has worn off, Speaker of the U.S. House of Representatives Nancy Pelosi said "A new President must govern from the middle." The lessons of history and the election of our first African American ...

How About Never -- Is Never Good For You? - ABC News Blogs
When it comes to the release of her medical records, Alaska Gov. Sarah Palin is starting to remind me of that great 1993 New Yorker cartoon in which a man in an office talks to someone on the phone, looking at his date book, saying, "No, Thursday's ...

Saul Alinsky Takes the White House - Spectator.org
Conservatives may not realize just how difficult it might be to recover from this week's elections. The day after the big defeat, the conservative chatter everywhere was about how the "movement" and the Republican Party (two different things) could ...

Protest of gay-marriage ban to include Denver - Rocky Mountain News
Demonstrators march on a Mormon Temple on Wednesday in New York to speak out against the church's role in the passage of California's anti-gay Proposition 8. Coloradans will join a nationwide rally Saturday in Denver. Coloradans plan to protest this ...

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