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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

Campbell mortgage rates news:

Treasuries Gain a Seventh Day as Investors Bet on Lower Rates - Bloomberg
By Dakin Campbell and Daniel Kruger Dec. 4 (Bloomberg) -- Treasuries climbed for a seventh day, pushing yields to record lows, as reports showed the recession is deepening and Federal Reserve Chairman Ben S. Bernanke said greater efforts are needed ...

Treasury Yield Curve Flattens as Investors Bet on Lower Rates - Bloomberg
By Dakin Campbell and Daniel Kruger Dec. 4 (Bloomberg) -- Treasuries maturing in 10 years and more gained for a seventh day as traders bet longer-maturity debt will rally as the Federal Reserve considers buying bonds and targets interest rates to ...

FTSE rises on commods, banks before BoE decision - Reuters
FTSE 100 rises 1.4 pct in early trade * BoE, ECB rate decisions due; Sweden, NZ cut rates * Banks, commodity stocks firm By Dominic Lau LONDON, Dec 4 (Reuters) - Commodity stocks and banks led Britain's leading share index higher early on Thursday on ...

FTSE rises on commods and banks - International Herald Tribune
Commodity stocks and banks led the leading share index higher early on Thursday on hopes of a big Bank of England rate cut after Sweden and New Zealand reduced borrowing costs. By 8:54 a.m., the FTSE 100 was up 56.84 points, or 1.4 percent, at 4,226 ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Beats us. Deal maker Hank Paulson has transformed the Treasury Department into a larger, more powerful form of Goldman Sachs, with extensive ...

Landlords forcing twice-yearly price hikes on renters - News.com.au
QUEENSLAND landlords have reportedly been forcing renters on to revolving six-month contracts so that they can increase rents twice a year. While the pressure on home-buyers has eased with falling interest rates, Tenants Union spokeswoman Penny Carr ...

Fred Russell case may spur tougher drunk-driving penalties - Spokane Spokesman-Review
Fred Russell may be sitting in a cell, but his name’s popping up frequently in Olympia, where state lawmakers are weighing changes to catch drunken drivers and toughening the sentences for those who kill. “We will tell people once and for all ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Sound off on Vazquez deal - Atlanta Journal Constitution
The entry titled "Hampton is gone, while Peavy is ...," and any of the comments about it. Come back … no, good riddance … Please stay, we need you … no, please just go. Does that pretty much summarize the polarizing presence that was Mike ...

'Sassy' Elisabeth Hasselbeck believes in Maverick Sarah Palin - Popwatch
That is just one issue on his background. I find it interesting that two Wits have been sent to the US Supreme Court ... one from PA and one from New Jersey on the background issue. It isnt lame and serious ramifications do exist if the background ...