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Sawmill subdivision lots in foreclosure - Kansas.comKansas.comSawmill subdivision lots in foreclosureKansas.comSedgwick County filed suit this week to foreclose on part of the Sawmill Creek subdivision at the northeast corner of 45th North and Rock Road. ...
Landlords laying low - The Keene SentinelThe Keene SentinelLandlords laying lowThe Keene Sentinel... recently gave up the 11000-unit property when they couldn't make their mortgage payments. At 1520 Sedgwick Ave. in the Bronx, Davis can remember a time ...
Fidelity National Financial, Inc. Announces Amendment and Extension of Credit ... - CNNMoney.com (press release)Fidelity National Financial, Inc. Announces Amendment and Extension of Credit ...CNNMoney.com (press release)JACKSONVILLE, Fla., March 5 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of title insurance, mortgage ...and more »
The GOP Debate: Linda McMahon, Rob Simmons, Peter Schiff Tangle In First ... - Hartford Courant (blog)The GOP Debate: Linda McMahon, Rob Simmons, Peter Schiff Tangle In First ...Hartford Courant (blog)By sedgwick on March 2, 2010 9:34 PM voters need to learn why to vote for Peter Schiff, don't take my word for it...go to youtube and enter his name, ...and more »

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Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
View all Terms |