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Today's Mortgage Terms starting with R

Refinancing:

The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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Clarion mortgage rates news:
Financial News
Comment ( No comments posted. ) Obama rejects McCain's mortgage plan - Daily Republican Register
INDIANAPOLIS (AP) - Democrat Barack Obama 's campaign criticized John McCain's mortgage bailout plan Wednesday, saying it would cause the government to lose money by paying too much for bad loans. McCain's proposal to spend $300 billion in federal ...

Pending home sales up 7.4 percent in August - Jackson Clarion-Ledger
WASHINGTON — Pending home sales rose 7.4 percent from July to August, an unexpected piece of positive news for the battered U.S. housing market. The National Association of Realtors said Wednesday its seasonally adjusted index of pending sales for ...

Emergency cut fails to end stocks’ slide - Jackson Clarion-Ledger
The major indexes moved in and out of positive territory before turning sharply lower in late trading and leaving the Dow Jones industrials down nearly 190 points. The Federal Reserve and other leading central banks cut rates in the hope that credit ...

A new big lie by the GOP - Salon
I've been wanting us to write on the right-wing effort to blame the mortgage crisis on the Community Reinvestment Act and other efforts to bring homeownership to lower-income, minority Americans, but this piece by Slate's Daniel Gross is so great I'm ...

Data prove untrue charges that push for affordable housing caused ... - Miami Herald
WASHINGTON -- As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail ...

Exclusive: McCain plans new tax cuts - Politico.com
A McCain adviser said Sunday that new economic proposals will be rolled out this week, sometime after Monday. Grasping for a foothold on the economy, Sen. John McCain (R-Ariz.) plans to propose new tax cuts this week as part of an economic package ...

The right blames the credit crisis on poor minority homeowners. This ... - Slate
We've now entered a new stage of the financial crisis: the ritual assigning of blame. It began in earnest with Monday's congressional roasting of Lehman Bros. CEO Richard Fuld and continued on Tuesday with Capitol Hill solons delving into the failure ...

Data show private sector caused crisis - Lexington Herald-Leader
WASHINGTON — As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail ...

John McCain’s dishonorable campaign - Salon
It kept getting worse all week. Again on Friday a McCain-Palin supporter called Barack Obama a “traitor,” and John McCain said nothing. He used to challenge racist hecklers on the trail; he used to say he wanted to run an honorable campaign. But ...

Letters to the Editor: Oct. 12 - Record Searchlight
This proposition does not seek to "protect marriage" but to "define marriage." Is it possible that you do not see the long-range ramifications this will have on many of our institutions if it does not pass? California has very strict anti ...

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