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Today's Mortgage Terms starting with T

Term:

The period of time in which a loan must be paid off.

Truth-In-Lending Act:

Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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Douglas mortgage rates news:
Financial News
Mortgage applications up 112.1% last week, due to drop in rates: MBA - Marketwatch
CHICAGO (MarketWatch) -- Mortgage applications filed last week rose a seasonally adjusted 112.1%, compared with the week before, as borrowers rushed to lock in lower rates, according to the Mortgage Bankers Association's weekly survey, released on ...

Rates slash brings cheer to business - Hawke's Bay Today
The Official Cash Rate (OCR) dropped by 1.5 per cent this morning spelling a break for Hawke's Bay exporters and hopefully injecting some confidence back into our building, tourism and real estate markets. The Reserve Bank pushed official interest ...

Guest Commentary: Douglas Rauthe - Flathead Beacon
Recently, television commentators, pundits and bloggers have started to blame low-income homebuyers for the problems the mortgage and financial markets face today. These same folks are suggesting that the Community Reinvestment Act (CRA) also played ...

Forget the subprime mortgage mess — Collin Peterson in Europe trying ... - DL-Online
U.S. Rep. Collin Peterson, D-Minn., left for Europe this weekend to discuss ways to regulate little-known and difficult-to-understand “credit default swaps.” “It has to be global,” Peterson said, so he and other House Agriculture Committee ...

Savings on typical house? Two bucks - Omaha World-Herald
Most homeowners in Douglas and Sarpy Counties are getting a property tax cut. That's welcome news in these tough economic times, but few taxpayers will see much of a windfall. When the new tax bills go out in the first two weeks of December, the ...

When Fed rate hits zero, what's next? - Marketplace.publicradio.org
Kai Ryssdal: So here's a nifty macro-economic problem with some real-world applications. What do you do if you're running an economy and you run out of room? Room on interest rates, in this case. One of the textbook solutions to get things going ...

Foreclosure: Nevadans hit hard in national crisis - Reno Gazette
Shelly Griese hates to move. But in the last four months, the 47-year-old Reno resident found herself doing exactly that. Twice. Packing boxes on a clear November afternoon, a tired and dejected Griese expressed disbelief on how quickly her life has ...

FORECLOSURE: for 22 months, Nevadans have faced worst of national ... - Reno Gazette
Shelly Griese hates to move. But in the last four months, the 47-year-old Reno resident found herself doing exactly that. Twice. Packing boxes on a clear November afternoon, a tired and dejected Griese expressed disbelief on how quickly her life has ...

Dealing with underwater mortgages - Denver Post
David Craig knows how draining it can be to make payments on a home that is worth less than the mortgage debt on it. The Brighton-area resident and his wife have struggled the past two years to carry not one, but two, homes valued at less than what ...

UPDATE 1-Raymond James stock falls amid disclosures - Forbes
NEW YORK, Dec 1 (Reuters) - Shares of regional brokerage Raymond James Financial Inc (nyse: RJF - news - people ) sank 23 percent Monday as its acknowledgment about capital limits fueled lingering worries about the firm's potential exposure to credit ...

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