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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.

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Carson mortgage quotes news:
Financial News
Western: Owning a house has global implications - Record Searchlight
There is a house in Rawlins, Wyo., that won't sell. It's a bargain, too, at $135,000. In fact, there are 43 houses in Rawlins selling for under $150,000. This is a booming energy town with a housing shortage. People in Rawlins have money. Wyoming has ...

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 ...

Opposition takes hit as Tories move to cut $27-million subsidy for ... - Globe and Mail
What Harper should do is deny the vote in the next election to anyone who didn't vote in this past election. Then Harper's enthusiasts would have a commanding -- well, marginal -- advantage next time. Who needs democracy when you're a self-righteous ...

On the American Porch - Huffingtonpost.com
Ground Zero is the term usually used to locate the epicenter of an explosion or earthquake, as in the World Trade Center and its leveling. Can the term be used to describe the place where an implosion occurs, where soil meets interior combustion ...

Hip-Hop Rumors: No More iTunes... - allhiphop.com
I don’t know who told this to Atlanta Gossip, but their sources are saying that Janet Jackson is pregnant! Well, we all heard that one and we already have been told that she wasn’t sick because of a pregnancy. Still, a reliable source says the 42 ...

Obama leads McCain 49% to 46% in Ohio Newspaper Poll - Cleveland Plain Dealer Blog
Ohio voters, wrong only twice when picking the president in the last 108 years, remain nearly split over their choice for the White House, according to a new Ohio Newspaper Poll. But while the race remains a statistical dead heat, more voters are ...

'Muzzled' Biden's Halloween Present: A Press Avail - ABC News Blogs
ABC News' Matthew Jaffe reports: Earlier this week, Republicans claimed that Sen. Joe Biden, D-Del., had been “muzzled” by the Democratic campaign, noting that he had not held a full-fledged press availability with traveling reporters since a ...

October 2008 - Kansas City Star Blogs
According to Republican Party statements. Barack Obama has not been “tested.” I am having difficulty understanding what test John McCain has passed that Sen. Obama has not passed. Was it the financial crisis this past month, where Sen. Obama ...

DIAMOND AND LIL SCRAPPY ARE ENGAGED - allhiphop.com
Do you know who D-Roc is? He's the big homey of The Notorious B.I.G. and a film maker-type. He’s got a new movie on Biggie that’s out in the stores. D-Roc was infamous for being convicted in a federal indictment over a 2001 shootout at Hot 97. He ...

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