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Two of the Three Little Pigs Would Have Trouble Getting a Loan - Wall Street JournalTwo of the Three Little Pigs Would Have Trouble Getting a LoanWall Street JournalFor a seven-bedroom dome-shaped house in Yuma, Ariz., Ms. Giffin pointed the appraiser to domes around the state. Among the comps listed in the appraisal: a ...and more »
Two of the Three Little Pigs Would Have Trouble Getting a Loan - Wall Street JournalTwo of the Three Little Pigs Would Have Trouble Getting a LoanWall Street JournalTo finance a seven-bedroom dome-shaped house in Yuma, Ariz., Ms. Giffin pointed the appraiser to domes around the state. Among the comps listed in the ...and more »
Home ownership becomes American nightmare - Yuma SunHome ownership becomes American nightmareYuma SunYuma resident Lauri St. Cyr and her husband, Mike, were recently forced to foreclose after receiving a home loan that one credit counselor said they never ...
Yuma High School registers incoming freshmen - Yuma SunYuma High School registers incoming freshmenYuma Sun... in the Yuma High cafeteria. Parents are advised to bring proof of residency, such as a utility bill, lease or mortgage, parent photo identification, ...
Yet Another Government Takeover: Student Loan Edition - Big Government (blog)Big Government (blog)Yet Another Government Takeover: Student Loan EditionBig Government (blog)It would be a good time to go into business doing mail order ammo sales in Yuma. It's only a short hop from California. One only need visit opensecrets.org ...and more »
Business Glance 3-7-10 - Yuma SunBusiness Glance 3-7-10Yuma Sun... 300 E. 32nd St. This month's sponsor is Allied Home Mortgage Capital Corp. Speakers will be Chief Paul Beeson of the US Border Patrol Yuma Sector, ...
Small Business Owners Open Shop Despite Economy - KSWT-TVSmall Business Owners Open Shop Despite EconomyKSWT-TVMarch 3, 2010 Yuma, AZ -- Despite the economy, some local entrepreneurs are starting their own businesses. Experts say this could be the right time to begin ...
Markey to back health-care reform bill - The ColoradoanMarkey to back health-care reform billThe ColoradoanCory Gardner, R-Yuma, the GOP front-runner to challenge Markey in the fall. "She has decided not to listen to her district. When I am elected in November I ...and more »
A MODEST IMPERIALIST: William T. Vollmann - Brooklyn RailBrooklyn RailA MODEST IMPERIALIST: William T. VollmannBrooklyn RailThe Colorado used to be so huge, you could take a steamer all the way up to Yuma. VOLLMANN: I know. Now, of course, you could throw a ball across it. ...

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Today's Mortgage Terms starting with I
Index: An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.
Initial Rate: The rate charged for the first interval of an ARM loan.
Interest: Compensation in the form of money paid for the use of money.
Interest Rate Cap: Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.
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