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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

Crane mortgage rates news:

Unsafe Havens - Bloomberg.co.jp
Money market funds were invented 37 years ago to offer investors better returns than bank savings accounts while providing a high degree of safety. Most of the $2.5 trillion sitting in these funds is invested in such assets as U.S. Treasury bills ...

PSC approves rate drop for MG&E customers - Milwaukee Journal Sentinel
Nov. 26, 2008 11:48 a.m. | In a rare move, the state Public Service Commission today authorized a drop in electricity prices for a Wisconsin utility. Customers of Madison Gas & Electric Co. will see their electricity rates drop in January, the ...

Crash closes Crites Field in Waukesha - Milwaukee Journal Sentinel
No injuries were reported. Flights were being directed away from the airfield, apparently because plane wreckage was blocking a landing strip. Neither emergency personnel nor airport officials were immediately available for comment. Nov. 26, 2008 2 ...

Lost auto jobs pegged at 15,000 - Globe and Mail
david tarbuck from Ukraine writes: It is not clear how much of the $25 billion Canada will end up footing?? Nor clear to Whom? The answer to that one ought to be NO! Thank you but Canada will decide independently on how/what/when and most important ...

Jurors hear confession tape in Randolph murder trial - Newark Star-Ledger
After police caught Jonathan Zarate and two teen-agers trying to dump a trunk containing a Randolph girl's beaten and dismembered body into the Passaic River in Rutherford, Zarate told an investigator he had found his next-door neighbor dead. "I ...

Real-Time News - Newark Star-Ledger
• Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game They met as teenagers, finding a common bond ...

Schwarzenegger proposes mortgage aid - San Diego Union-Tribune
In an effort to slow the pace of home foreclosures and stabilize California's shaky economy, Gov. Arnold Schwarzenegger yesterday unveiled a proposal to help borrowers modify troubled mortgages while making lenders more accountable. The centerpiece ...

AIG, GMAC Help Drive Up Bank Rates Amid ’Insanity’ for Deposits - Bloomberg
Nov. 17 (Bloomberg) -- American International Group Inc. and GMAC LLC are among money-losing companies whose banking units are paying higher rates than larger rivals to lure depositors, pressuring bank profits needed to offset rising loan losses. AIG ...

AIG, GMAC drive CD rates higher - Detroit Free Press
If there's one place consumers have the upper hand these days, it's as depositors -- especially if they're willing to stash their cash with money losers. The banking units of American International Group Inc., the insurer bailed out by the U.S ...

Schwarzenegger to seek 90-day stays on foreclosures - Boston Globe
SAN FRANCISCO (Reuters) - California Gov. Arnold Schwarzenegger will ask lawmakers to back legislation imposing 90-day stays on home foreclosures as part of an economic stimulus package, state officials said on Wednesday. President-elect Barack Obama ...