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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
Wyoming mortgage quotes news:
Financial News
St. Elizabeth, Mythmaker - Slate
McCain wants to fire Chris Cox as head of the Securities and Exchange Commission and appoint ... Andrew Cuomo , under whose leadership the federal Department of Housing and Urban Development damaged several New York neighborhoods when it permitted ...

Rep. Jesse Jackson Jr. - Huffingtonpost.com
John McCain has at least 8 houses, too many for him to keep count. Sarah Palin likes to quietly charge the State of Alaska per diem for sleeping in her own house at night. George W. Bush built a fake "ranch" in Crawford, a place he had never lived ...

McCain's Small Victory - Slate
Stunt Gridlock ? This week's obvious game-changin' stunt for McCain to pull would be opposing the bailout bill , as Dick Morris advises.** But McCain probably can't pull that stunt because of Last Week's Stunt , which involved McCain dramatically ...

McCain: The bailouts must stop - Union Leader
Republican John McCain said yesterday the Federal Reserve needs to stop bailing out failed financial institutions. The Republican presidential hopeful, in an appearance in Green Bay, Wis., said the Fed should get back to "its core business of ...

Words from the (Investment) Wise for the Week That Was (August 25 - 31 ... - Safe Haven
The gyrations of financial markets ahead of the Labor Day weekend tested the patience of bulls and bears alike. As big swings took place in thinly-traded markets, I was reminded of Albert Schweitzer's words: "As we acquire more knowledge, things do ...

Look at Palin's record, her stands on issues - Pantagraph
Apparently unaware of Mark Twain's ``War Prayer,'' Gov. Palin recently said that the war in Iraq is ``God's task.'' Ms. Palin doesn't believe that humans contribute to global warming. Of climate change she said, ``I'm not one though who would ...

Obama heads south pre-debates - Knoxville News Sentinel
CHARLOTTE, N.C. - Democratic presidential nominee Barack Obama undergoes three days of preparation this week for a foreign policy clash with John McCain in the first debate of the general election campaign. Aides say it will be an opportunity for ...

Hagel questions Palin's experience - bbc
This is important - removed from all the internet-based nonsense, this kind of thing will have an effect on independents. What Sen. (R) Chuck Hagel is saying regarding Sarah Palin's experience and qualifications should be obvious to everyone ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article beginning on the front page of Wednesday's paper incorrectly stated that former Milwaukee Ald. Tom Nardelli joined the staff of Milwaukee County Executive Scott Walker in 2007 - a few weeks after leaving the Common Council. Nardelli was ...

September 2008 - Kansas City Star Blogs
Where’s the deterrence preventing lowly accused criminals like Brandon Smith and Claude Sterling from killing valuable citizens like Devin Cassidy? (9/23, Local,”.‘ She’s touched a lot of people’; Family and friends remember Devin Cassidy ...

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