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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
Gonzales mortgage rates news:
Financial News
Customers getting squeezed as credit card companies clamp down - Austin American-Statesman
WASHINGTON — Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bank notified the Fairfax, Va., resident that she no ...

Two Bosse students arrested after fight that injured teachers - Evansville Courier-Press
Two Bosse High School teachers were punched on Friday while trying to break up a classroom fight between two students, according to the Evansville Police Department. The students, Javon Burton and William Tuck, both 18, each were arrested on two ...

Why the Mortgage Crisis Happened - American Thinker
Obama's economic narrative of the mortgage crisis ignores the facts. He has put free-market capitalism at the root of the current mortgage industry debacle, denying the real history of government interference in that market. On September 15, with ...

Credit card companies slash limits - Everett Herald
WASHINGTON -- Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bank notified the Fairfax, Va., resident that she no ...

Credit Card Companies Slash Spending Limits On Card Holders - Free Internet Press
Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bank notified the Fairfax County resident that she no longer had a $14 ...

Daily Report - Baton Rouge Business Report
In a slowing world economy, Baton Rouge-based Shaw Group, a global engineering and construction company, is apparently feeling the impact. While the company’s record fiscal year and 30% average revenue growth in the past two years was driven by ...

Credit card companies lower limits, raise fees - Tacoma News Tribune
WASHINGTON – Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bank notified the Fairfax, Va., resident that she no ...

Free Sarah Palin, Day 42 - San Francisco Gate
The clock is ticking: it's been 42 days since Gov. Sarah Palin was named as the GOP running mate. She actually made headlines taking a handful of questions (Tina Fey, etc.) on a press plane this week -- but we beg to differ with our colleagues in the ...

OCEANSIDE: Tri-City feels interest rate pain - North County Times
OCEANSIDE ---- What looked like a savvy financial move for Tri-City Medical Center in 2007 is looking more like a mistake today as interest rates on auction-rate securities hit 13 percent. Tri-City hospital directors met with financial consultants ...

Political Insider - Atlanta Journal Constitution
The entry titled "More on an Obama surge: Black Georgians nearly match whites in new voter registration," and any of the comments about it. Secretary of State Karen Handel is on record saying that there is no giant surge of voter registration in ...

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