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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
Bradley mortgage quotes news:
Financial News
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 ...

Atlanta Journal-Constitution - 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 ...

November 2008 - Weblogs.baltimoresun.com
In an analysis of TV journalism on Wednesday night, I wrote that a red-ball event like the terrorist attacks in Mumbai often provided a great look into a news oganization. But in expressing my dismay at the way MSNBC couldn't let go of the comedic ...

Rahm Emanuel - Time
• 48 years old, married to Amy Rule, a woman he met on a blind date. They have three children. • He studied ballet in high school and was offered a scholarship to the Joffrey Ballet, but went to Sarah Lawrence College instead, where he earned a ...

Bradley’s Buzz: T(otal) B(lackout) S(aturday) - Atlanta Journal Constitution
The folks at TBS are taking a pelting. The network pulled one of the all-time whiffs by losing the broadcast of the first 20 minutes of Saturday night’s ALCS Game 6. Deadspin called it an epic failure , and AwfulAnnouncing.com wondered why baseball ...

Report From Peoria - Newsweek
Recommended (6) CLUBBED TO DEATH George Will: Obama and the Founders' Intent Perspectives: Quotes From the Week of 11/10/08 Peace of Mind How My Same-Sex Wedding Made Me An Activist Nobody Likes a Sore Loser. Even in Washington. There's something ...

O'Brien's blog - Atlanta Journal Constitution
The entry titled "Which Braves prospects are untouchable?," and any of the comments about it. Philadelphia — I’m in chilly Philly and Braves officials are not. But neither are officials from most other teams, save for the participating Phillies ...

Live chat: Lowell Greenbaum and Dave Barbee - Augusta Chronicle
s eagle: Chairman Greenbaum...How do you feel about Obama's plan of wealth distribution? I don't mean the Democrat spin,I know what that is, I hear it dozens of times a day, but your thoughts. Lowell Greenbaum: To my knowledge he never quite said ...

Experts: You're never too broke to save - 22 WSBT
Story Updated: Nov 13, 2008 at 8:52 PM EST SOUTH BEND — From disappearing 401Ks to frozen credit, we're all feeling the effects of a bad economy. But if you think your budget is too tight to save, financial experts say you should think again. It ...

Anti-Obama Boomerang? - Slate
It's come to this: Counterproductive overspinner Chris Lehane and his firm get $100,000 a month (according to S.F. Chronicle 's Matier & Ross) to craft mindlessly combative sound bites for Hollywood studios in their dispute with the Writers Guild ...

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