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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.

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Kenosha refinance mortgage news:
Financial News
More Primary Articles - Nashua Telegraph
DOVER – New York Sen. HIDALGO, Texas – As they race between Ohio and Texas in advance of their March 4 primary showdown, Sens. Barack Obama and Hillary Clinton are squaring off over who has the answer to the nation's spiraling foreclosure crisis ...

Suspect sought in shooting - Milwaukee Journal Sentinel
Nov. 7, 2008 | Milwaukee police continue to seek a shooter who left a 19-year-old man in critical condition during an altercation that might have been drug-related last night. Investigators said that the victim remains hospitalized after being shot ...

Obama wins Wisconsin - Milwaukee Journal Sentinel
The early call suggested the state's recent history of razor-thin results has ended. A spate of recent polls showed Obama with a double-digit advantage over Republican John McCain. Obama was the choice of 58% of Wisconsin voters, with McCain getting ...

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