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A tale of two markets divided by the conforming-loan limit - Los Angeles TimesA tale of two markets divided by the conforming-loan limitLos Angeles TimesMortgage rates are low and sales are booming for cheaper homes. But sales are at a virtual standstill for pricier homes because buyers can't get jumbo loans ...and more »
Why are the interest rates higher on Jumbo loans? - Examiner.comWhy are the interest rates higher on Jumbo loans?Examiner.comThe difference between Jumbo mortgage rates and conforming mortgage rates has been significantly higher than the historical norm due to the credit crisis. ...and more »
Impact of upcoming furloughs has Hawaii state workers anxious - Honolulu AdvertiserImpact of upcoming furloughs has Hawaii state workers anxiousHonolulu AdvertiserFor now, Sakamoto's concern is making sure her daughter, who is also a teacher, is able to make her mortgage payments. "If they make us take the furloughs, ...and more »
East beats West in the Land of Morning Calm - Brisbane TimesBrisbane TimesEast beats West in the Land of Morning CalmBrisbane TimesThey point across the troubled peninsula towards Japan and Alaska and as far east as Hawaii in the mid-Pacific (which also means a North Korean nuke ...and more »
Mortgage deliquency rate spikes in Oregon - kgw.comkgw.comMortgage deliquency rate spikes in Oregonkgw.comAccording to Transunion credit information services, the three states with the highest delinquency rates from the previous quarter were Hawaii (up 34.4 ...and more »
Mortgage Bank Executive Compensation - Courthouse News ServiceMortgage Bank Executive CompensationCourthouse News ServiceHearings will be held June 30 and July 1 in Hawaii. The public comment period has been reopened regarding the delisting and the post-delisting monitoring ...and more »
Buy Brentwood home, visit Paris - The TennesseanBuy Brentwood home, visit ParisThe Tennessean"It can be a cruise to Alaska, or if they want to go to Hawaii or Australia, we'll work something out," she said. The dollar value of the trip offer has yet ...and more »
BUYINS.NET: HRZ, HA, RDN, AIB, MEA, VM. Top Gainers With Lowest ... - Trading Markets (press release)BUYINS.NET: HRZ, HA, RDN, AIB, MEA, VM. Top Gainers With Lowest ...Trading Markets (press release)It offers container shipping services to ports within the continental United States, Puerto Rico, Alaska, Hawaii, and Guam. ...BUYINS.NET: USG, NM, VVUS, HRZ, CSE, BZH. Top Gainers With Lowest ...Trading Markets (press release)all 74 news articles »
Highlights from the Fed's latest economic survey - The Associated PressHighlights from the Fed's latest economic surveyThe Associated PressMany areas reported a pickup in sales aided by low mortgage rates, declining prices and high foreclosure rates. The pace of home construction remained very ...and more »
Second Chances - Wall Street JournalSecond ChancesWall Street JournalToo much of the couple's net worth was tied up in the home, whose mortgage had been paid off, he says. The couple was expecting a significant payout of ...and more »

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Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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