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Today's Mortgage Terms starting with J

Jumbo Loan:

A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.

Junior Mortgage:

A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.

View all Terms
Harris mortgage quotes news:
Financial News
Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe Haven
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

For the holidays, Sendik's delivers the gift of food - Milwaukee Journal Sentinel
Nov. 26, 2008 2:52 p.m. | Sendik's Food Markets has donated more than 100,000 pounds of food and $18,000 to Second Harvest to help feed the hungry in eastern Wisconsin. The Balistreri-owned Sendik's Food Markets offered three semi-truck loads of food ...

UPDATE: Crites Field reopens after mishap - Milwaukee Journal Sentinel
Nov. 26, 2008 3:58 p.m. | Waukesha County's Crites Field is now open for air traffic following a mishap this afternoon in which a four-seat aircraft slid off of the main runway into an adjacent muddy field, an airport official said. The pilot decided ...

Don Martin: Harper has no one to blame but himself - Nationalpost.com
This Conservative government’s apparent death wish is propelling Canada toward two possible, and equally unthinkable, outcomes: The second federal election inside of two months, or a Liberal-led coalition that includes New Democrat cabinet ...

On politicians’ pay, parents’ responsibility - Atlanta Journal Constitution
Atlanta’s next mayor should be paid $225,000, up from $147,500, advises one of those commissions that politicians appoint to provide pay-raise cover. Ostensibly the higher pay is to attract better candidates. That assumes, of course, that losers ...

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 ...

November 2008 - Weekly Standard
The terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...

Wall Street Crisis Video Gallery - CNBC
The plan for the largest-ever bank rescue would give sweeping powers to the U.S. Treasury to buy up toxic mortgage-related debt from financial firms, including U.S. subsidiaries of foreign banks. Follow the Money: What's in the Bailout Plan Check the ...

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 ...

Bailout goes from necessary to nightmarish - Atlanta Journal Constitution
That $700 billion financial sector bailout that I supported — and do still, but with an exit strategy — is a nightmare in the making. Look what’s happened since the first of the month: Atlanta Mayor Shirley Franklin, smelling a bailout handout ...

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