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

Webster mortgage quotes news:

HK shares erase early gains as local developers weigh - CNBC
By Jun Ebias HONG KONG, Dec 4 (Reuters) - Hong Kong shares fell 0.6 percent on Thursday, wiping out a 2 pecent gain earlier in the day, as investors dumped local developers after lenders such as HSBC raised their Hong Kong mortgage rates. But Chinese ...

Chatological Humor - Washington Post
Gene Weingarten's humor column, Below the Beltway , appears every Sunday in The Washington Post magazine. It is syndicated nationally by the Washington Post Writers Group . At one time or another, Below the Beltway has managed to offend persons of ...

Polls predict Obama will turn NH blue - Nashua Telegraph
That's what two independent polls concluded at the end of the week, with Saint Anselm College's Institute of Politics and Rasmussen surveys giving Sen. Barack Obama a commanding double-digit lead. St. A's has Obama beating Republican Sen. John McCain ...

State makes millions available in flood aid - Globe Gazette
DES MOINES — A state program designed to help Iowa recover from disasters in recent months will set aside more than $4.7 million in housing aid and more than $720,000 in help for small businesses in Cerro Gordo County and surrounding areas, Iowa ...

The female vote - Arkansas Times
I can't put my finger on why Sarah Palin inspires such furious opposition among many women. Highly educated and accomplished women seem particularly fervent. It's not just Palin's positions on abortion, creationism, tanning beds, punishment of ...

Something in the water - Spokane Spokesman-Review
The news that parts of north Spokane are under a boil order due to drinking water contamination came to us late last night, and so we only had time to put together a brief for today's paper. But fret not, we're on the story in force today - one ...

Full story » - Naples Daily News
I’m fed up with all the negative, mud-slinging campaign ads and the nasty letters in the newspaper. I got a chuckle out of the attached photo of my grandson, Eamon. Makes me think there is hope for this old world yet. It is from the Indianapolis ...

Political Punch - ABC News Blogs
Jake Tapper is ABC News' Senior White House Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. ALBUQUERQUE, NM – There's a topic that Sen; Barack Obama, D-Ill ...

Conned Again - OpEdNews.com
If the change President-elect Obama has promised includes a halt to America's wars of aggression and an end to the rip-off of taxpayers by powerful financial interests, what explains Obama's choice of foreign and economic policy advisors? Indeed ...

Protest of gay-marriage ban to include Denver - Rocky Mountain News
Demonstrators march on a Mormon Temple on Wednesday in New York to speak out against the church's role in the passage of California's anti-gay Proposition 8. Coloradans will join a nationwide rally Saturday in Denver. Coloradans plan to protest this ...