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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
Perkins mortgage quotes news:
Financial News
October 2008 - New York Daily News
RIP Studs Terkel . (Man, is that a bummer). John McCain is sure he and Sarah Palin will "fool the pundits one more time." McCain called Obama, Harry Reid and Nancy Pelosi "the tax trifecta from hell." An RNC Web ad portrayed the three Democrats as ...

Enough postseason, let's get to Peavy - Atlanta Journal Constitution
The entry titled "Enough postseason, let's get to Peavy," and any of the comments about it. So I’m getting the distinct impression that most of you on the Braves/MIB blog would like to be done already with this postseason so we can get on to ...

Stepford Republicans: All Caught on Tape! - Common Dreams
"The Stepford Wives" tells the chilling story of once smart, independent women who get abducted and turned into tamed, mindless robots. I have a theory about a similarly subversive process that turns grown men once capable of independent and reasoned ...

Selma Democrats elated with election - Selam Times-Journal
Jubilation reigned at the Selma Democratic Party’s victory celebration at the Larry Striplin Performing Arts Center on Tuesday evening. Most in attendance — particularly those that have been in Selma since the beginning of the civil rights ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Barack Obama ’s race could be the deciding factor if the presidential battle remains a dead heat on Election Day, according to an Associated ...

03/09 - 03/16 - Dakota Voice
► January 16 - January 23 (1) RAPID CITY--Citizens concerned about life came out from across the state of South Dakota tonight for a pro-life rally at the Ramkota Hotel in Rapid City, South Dakota. The evening featured keynote speaker Janet Folger ...

05/04 - 05/11 - Dakota Voice
► January 16 - January 23 (1) Fox News is reporting on a new Pulpit Initiative by the Alliance Defense Fund ( ADF ) to challenge the 50-year old restriction on political speech for tax exempt organizations. Conservative legal advocates are ...

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