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Today's Mortgage Terms starting with R

Refinancing:

The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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Pierce refinance mortgage news:
Financial News
State Supremes: unsubstantiated allegations of teacher sexual ... - Spokane Spokesman-Review
In a case where the 11 petitioners are all known as John Doe, the state Supreme Court ruled 6-3 this morning that unsubstantiated allegations of teacher sexual misconduct can be withheld from public disclosure. School districts can investigate any ...

Lenders pass on 1.5 percent rate cut - International Herald Tribune
A trio of top lenders passed on the Bank of England's 1.5 percentage point rate cut to their variable rate mortgage customers on Friday after the government urged them to keep lending to help stave off a recession. HBOS, building society Nationwide ...

UPDATE 2-UK lenders pass on UK 1.5 pct rate cut - Forbes
LONDON, Nov 7 (Reuters) - Five major British lenders passed on the Bank of England's 1.5 percentage point rate cut to their variable rate mortgage customers on Friday after the government urged them to keep lending to help stave off a recession. HBOS ...

Banks: The new welfare dependents - bbc
The Bank of England's central projection for growth is that the economy will contract at an annualised rate of about two percent some time around March or April of next year, which is when it thinks we will be at the bottom of this particularly ...

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