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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.

View all Terms
Noble mortgage quotes news:
Financial News
FTSE up 0.7 pct in early trade - International Herald Tribune
The FTSE 100 share index was 0.7 percent higher in early trade on Friday, helped by heavyweight oils, miners and banks after Thursday's hefty losses, and with U.S. stock index futures pointing to a higher opening on Wall Street after a plunge ...

Labor unions look to cash in with Dems - Politico.com
Organized labor spent tens of millions of dollars putting Democrats in Congress and the White House. Now, as the new Democratic majority gets ready to take office, unions are ready to cash — or, rather, check — in. The Employee Free Choice Act ...

Focus on the Family eliminating 202 jobs - Rocky Mountain News
COLORADO SPRINGS — Focus on the Family announced today that it is eliminating 202 jobs in the coming weeks — 149 through layoffs and 53 by not filling vacant positions. It's the biggest layoff in the history of the Colorado Springs-based ministry ...

March 23 - March 30 - Dakota Voice
► January 16 - January 23 (1) Tomorrow is the last lesson of the Truth Project at South Canyon Baptist Church in Rapid City. You can find other Truth Project gatherings going on in the Rapid City area, and in towns across South Dakota. Check with ...

CapeCodToday Blog Chowder - Cape Cod Today
"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...

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 ...

What can John McCain do? - Atlanta Journal Constitution
Barack Obama enters the final week of the presidential campaign with supporters and the media propelling the inevitability of his coronation a week from Tuesday. What can John McCain do? He has six work days and a weekend to convince the nation that ...

What must John McCain’s endgame strategy be? - Atlanta Journal Constitution
At this point, John McCain’s message must be entirely about buyer’s remorse. Barack Obama is the least-experienced presidential candidate in modern history, has never had to handle a crisis, and would take office in the middle of an economic ...

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 ...

McCain slams Obama on 'redistribution of wealth' - Boston Globe
Conservative bloggers and websites have been flogging it, and now John McCain's campaign has put its imprimatur on it: a newly disclosed radio interview in which Democratic rival Barack Obama talks about the redistribution of wealth. The interview ...

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