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News about Mortgages:
Glimcher Sells Great Mall in Olathe for $20.5M - CoStar GroupGlimcher Sells Great Mall in Olathe for $20.5MCoStar Group, MD - 14 hours ago... is the managing partner of Great Olathe Center. Glimcher plans to use the proceeds of the sale to repay the $30 million mortgage on the property. ...Great Mall of the Great Plains sells for $20.5 million Bizjournals.comGlimcher sells Kansas mall for $20.5M MSNBCGlimcher Announces the Sale of The Great Mall of the Great Plains ... SunHerald.comMarketWatch (press release) - Bizjournals.com
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Key Events and Predictions of the Old and New Year - istockAnalyst.com (press release)Key Events and Predictions of the Old and New YearistockAnalyst.com (press release), OR - Dec 30, 2008It is anticipated that the average appraised value in Olathe will decrease 3 to 5 percent in 2009. Due to the collapse of the commercial mortgage market, ...Top stories of 2008 TMCnetall 2 news articles
Commercial property loans signal deepening stress - ReutersCommercial property loans signal deepening stressReuters - Jan 6, 2009N on Tuesday said it sold its Olathe, Kansas-based Great Mall for $20.5 million and repaid a $30 million mortgage that was to mature on January 12. ...
The KPERS portfolio: underfunded and underperforming - Kansas LibertyThe KPERS portfolio: underfunded and underperformingKansas Liberty, KS - Jan 2, 2009Robert Olson, an Olathe Republican and the new vice-chair of the Joint Committee on Pensions, Investments and Benefits - the committee that helps determine ...
Banks among local stocks delivering profitable 2008 returns - Kansas City StarBanks among local stocks delivering profitable 2008 returnsKansas City Star, MO - Jan 1, 2009Garmin Ltd., the Olathe-based maker of personal navigation devices, had been a local darling in recent years. Its stock jumped 68 percent in 2006 and topped ...
Owners of Asian Massage Parlors Plead Guilty - AsianWeekOwners of Asian Massage Parlors Plead GuiltyAsianWeek, CA - Dec 22, 2008She was the co-owner and operator of Asian Massage Health Center in Olathe, Kan., and the owner and operator of Oriental Massage in Mission, Kan. ...
AP Top Missouri News at 3:58 am CST - Hays Daily NewsAP Top Missouri News at 3:58 am CSTHays Daily News, KS - Dec 18, 2008OLATHE, Kan. (AP) -- Former Attorney General Paul Morrison won't face criminal charges for his actions during an extramarital affair that forced him out of ...
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.
View all Terms