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Today's Mortgage Terms starting with S

Second Mortgage:

An additional mortgage that has rights that are secondary to the first mortgage.

Seller’s Market:

Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.

Settlement Costs:

Money paid by the borrowers and sellers to complete the closing of a mortgage.

Settlement Cost (HUD Guide):

HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.

View all Terms
Cherokee mortgage rates news:
Financial News
Credit card companies quick to raise rates, fees - Atlanta Journal Constitution
Greg Fischer was already fed up with Bank of America for doubling his credit card’s interest rate to 28.99 percent — the price for being a couple of weeks late with a payment in April. What sent him over the top, he said, was the bank’s ...

Sarasota man charged in Manatee armed robbery - Herald Tribune
MANATEE COUNTY – A Sarasota man was charged in connection with an October armed robbery of two people who were held up at gunpoint while in their vehicle at a stop sign in South Manatee. Allan Tolbert, 29, was arrested on a charge of armed robbery ...

Sarasota man arrested in October armed robbery in Manatee - Herald Tribune
MANATEE COUNTY – A Sarasota man was charged in connection with an October armed robbery of two people who were held up at gunpoint while in their vehicle at a stop sign in South Manatee. Allan Tolbert, 29, was arrested on a charge of armed robbery ...

Washington bankruptcy filings rise 40% - Seattle Times
Individuals and businesses who can't pay their bills anymore and can't sell off assets to pay their debts typically seek protection from creditors in bankruptcy court. The court can give them a fresh start by releasing them from personal liability ...

Detroit auto mess turns toxic - Detroit News
Short of the subprime mortgage racket, perhaps nothing is more toxic right now than the Detroit car business. The begging for taxpayer cash in Washington, led by General Motors Corp., is in overdrive. The equity values of GM and Ford Motor Co. are ...

As the economy sinks, pawnshops get busy - Atlanta Journal Constitution
Jenna Feistkorn relinquished a working laptop for just $40. The exchange at an Alpharetta pawnshop left her frustrated, but not ashamed. She needs the computer to look for a job. But it will remain off-limits until next week, when her father gets ...

What does this moment mean to you? - Atlanta Journal Constitution
It is what it is, whether you like it or not. Obama is the 44th PRESIDENT of the USA. I’m proud to be a woman. I’m proud to be a black woman. I’m proud to be an American Black woman. OBAMA HAS MY SUPPORT 100%. Also for all the prejudice ...

Tennessee: Families returning home - Chattanooga Times Free Press
In their East Lake home, Marcos Tomás and his wife, Lidia Velázquez, recently packed 10 years of their lives into cardboard boxes, preparing for their long journey back to their native Guatemala. “My dream was for my children to study and be ...

McCain Now Wants Permanent Cap Gains Cut - ABC News Blogs
John McCain altered his tax plan Friday, saying for the first time that he would like to slash capital gains taxes in half on a permanent basis -- not just for the next two years. "Look," McCain told CNBC's Larry Kudlow, "I'm at 7.5 percent, I'd like ...

Unit Corp. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good morning. My name is Kevin. I'll be your conference operator today. At this time, I like to welcome everyone to the Unit Corporation Third Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After ...

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