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Today's Mortgage Terms starting with L
Lender: The bank, mortgage company or mortgage broker providing the loan.
Loan Application: A statement of personal and financial information needed to apply for a loan.
Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.
Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan.
Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price.
Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.
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Union mortgage quotes news:
EU targets consumer, innovation in antitrust fight - ForbesBRUSSELS, Dec 3 (Reuters) - Consumer protection and innovation will take priority when the European Commission considers antitrust cases, the EU executive said on Wednesday, clarifying its approach to cases of market dominance. The Commission said ...
Stock & fund quotes - ninemsnLONDON, Nov 27 (Reuters) - The yen gained against the dollar and euro on Thursday as worries about the cost of fiscal stimulus packages and whether they would succeed in limiting a global recession kept the low-yielding currency supported. The dollar ...
A More Perfect Union - Louisville Courier-JournalWASHINGTON -- "May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short ...
SCENARIOS-How can Britain combat looming recession? - ForbesLONDON, Dec 4 (Reuters) - The Bank of England has cut interest rates to their lowest level since the early 1950s, but analysts warn looser monetary policy alone may not be enough to tackle the biggest threat to the British economy -- the failure of ...
Europe shares up by midday after BOE cut; ECB eyed - ForbesLONDON, Dec 4 (Reuters) - European shares were up by midday on Thursday, having pared gains after the Bank of England (BOE) slashed interest rates by 1 percentage point, and as investors awaited the European Central Bank's (ECB) rates decision. By ...
Check Services - Commodity OnlineThe man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more ...
India-Pakistan Tensions Cloud Probe Into Attacks - Wall Street JournalThe Morning Brief, a look at the day's biggest news, is emailed to subscribers by 7 a.m. every business day. Sign up for the e-mail here . Bringing justice to extremists connected with the attacks on Mumbai may hinge on efforts to boost cooperation ...
Blessed to be alive during time of change - Daily JournalOne of the earliest reliable citations seems to be a 1950 short story by the British science-fiction author Eric Frank Russell, writing under the pen name Duncan H. Munro, who quotes the imprecation and then adds: "It isn't a curse any more. It's a ...
What crisis has taught us - Leaf ChronicleWASHINGTON —"May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short ...
"May we live in interesting times" - Denver Post"May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short story by the ...
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