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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
Lincoln mortgage rates news:
Financial News
Sunwest tries to assure residents it is financially sound - Oregonian
Sunwest Management Inc., the giant Salem-based senior housing provider, is facing significant financial hurdles, including $1.8 billion in debt, an increasingly jumpy group of lenders and a housing slump that has forced some seniors to postpone ...

August 2008 - Posts - MSNBC Firstread
DENVER -- Joe Biden today again called John McCain a hero, but said that he disagrees with his “good friend” over the way forward in Iraq. “He’s a real hero,” the Delaware senator told members of National Guard units stationed outside of ...

The Thin Man - Weekly Standard
"The transformation of Joe Biden is one of the best story lines at this convention. A week ago, people would sprint from the room when Joe entered for fear he would start a sentence that might not end until Halloween. Now, suddenly, he is a towering ...

Carville: This Convention Has No Message - ABC News Blogs
On CNN this evening, Clintonista James Carville voiced his displeasure with tonight's proceedings as having no theme, no message. "James Carville seems the least satisfied Democrat in here right now," noted CNN's Anderson Cooper. "What's going on ...

Washington Mutual Inc. - Chicago Tribune
RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page. It hasn't been easy being a dividend investor of late ...

Does Ben Bernanke Have to Go? - Common Dreams
This is a question that members of Congress should be asking right now. It is becoming increasing clear that we are facing the worst financial meltdown since the Depression, and Mr. Bernanke was caught asleep at the wheel. In testimonies before ...

History's Back - Weekly Standard
Here’s what Barack Obama told Time ’s Karen Tumulty and David Von Drehle earlier this week, when asked what we would learn about him from his vice presidential pick: Hopefully, the same thing that my campaign has told the American people about me ...

Early turnout doubles - Corpus Christi Caller
George Gongora/Caller-Times Early voting was heavy Monday at the Corpus Christi Area Council for the Deaf, 5151 McArdle Road, with many voting booths seeing constant traffic all day long. With four days left to vote early in the March 4 primary ...

01/16 - 01/23 (1) - Dakota Voice
Badlands Blue Dakota 21 Dakota Today DakotaWomen GraceLife Haggard News Hog House Blog Jay Reding.com Jim Rivers Report Mount Blogmore (RC Journal) Northern Valley Beacon Proud Liberal RadioActive Chief Rage in the Cage Robbinsdale Radical School-of ...

Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-Review
Issue: Most Americans see 'judicial activism' crisis: Legal experts shocked by results of survey by American Bar Association publication /WorldNetDaily. DFO: Count me among those who believe the judiciary, particularly the federal judiciary and 9 U.S ...

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