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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.

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Warren mortgage quotes news:
Financial News
All About Him - Slate
McCain Speech React: I predicted McCain's would be a good speech. Wrong again. That makes two successful conventions ending with weak final acts. 1) McCain screwed up what was potentially the most effective part of the speech, where he blames his own ...

Political Insider - Atlanta Journal Constitution
Get the latest news, opinions and blogs on politics and the election from across the state on the Georgia Politics page. For those who believe that God changes the weather to shape events, it might have seemed that He was favoring the Democrats when ...

How Palin Got Picked - Weekly Standard
Forty-four years ago, an actor named Ronald Reagan gave a speech supporting Barry Goldwater and launching his own political career that was known ever after, by his ever increasing group of followers, simply as " The Speech ." If the McCain-Palin ...

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 ...

Today's most viewed articles - Portsmouth Herald
I want to personally thank the communities of Hampton, Seabrook, North Hampton, and Hampton Falls for their continued support of WHS. As voting day on March 11 approaches I am asking for your support of our budget for the school year 2008-09. Parents ...

Wild Card/Vacation Day 11 of 12 - Spokane Spokesman-Review
Only two more shopping days until I return to the final days of the City Council campaigns. Then, we'll have fun taking apart the campaigns. Any dirt yet? Any mudslinging. You know, the good stuff. Or is everyone behaving? My wife is now looking over ...

What's Wrong With Environmental Alarmism - Slate
Seventy-five years ago this week, on July 2, 1932, Franklin D. Roosevelt accepted the Democratic nomination for president and pledged "a new deal for the American people." He promised public works, agricultural price supports, new mortgage markets ...

La Gaffe - San Francisco Gate
The teflon prince Obama finally did it. Just when Bill Clinton was reminding anyone who had forgotten that his wife not just once but repeatedly claimed, falsely, to be dodging sniper fire on the tarmac, Sen. Barack Obama managed a real gaffe ...

Mile High Letdown - Slate
They just don't get it! Out-of-step Heather Mac Donald says McCain "has just ensured that the diversity racket will be an essential component of presidential politics." In contrast, Obama "stood up to the diversity imperative in selecting Joe Biden ...

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