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Tight budgets force suburbanite staycations - BeepBeepTight budgets force suburbanite staycationsBeep, il - Aug 12, 2008Despite plans to visit the Smoky Mountains this summer on our continuing “Kapolnek National Park Tour,” soaring gas prices and an uncertain economy had us ...
New housing package likely to ease anxieties - Honolulu Star-BulletinNew housing package likely to ease anxietiesHonolulu Star-Bulletin, HI - Jul 31, 2008In the past, Hawaii's mortgage industry had said that tighter underwriting requirements had prevented them from being able to help some troubled homeowners ...
Watercolor Here & There - Estes Park Trail GazetteWatercolor Here & ThereEstes Park Trail Gazette, CO - Aug 7, 2008“My favorite days are spent with friends and family in and around the Rocky Mountain National Park painting the wonderful mountains, lakes, wildlife and ...
2007 Commercial Real Estate 101 - Business Tennessee2007 Commercial Real Estate 101Business Tennessee, TN - Aug 19, 2008As of June, its 178-property-and-mortgage portfolio was worth $1.6 billion. Prior to starting Healthcare Realty Trust in 1992, led Emery Partnership, ...
McCain meets Ohio officials on DHL closure - USA TodayMcCain meets Ohio officials on DHL closureUSA Today - Aug 7, 2008Obama on Thursday was campaigning in Minneapolis, Minn., before returning to his Chicago home in preparation for a week's vacation in Hawaii, his birthplace ...
Winnemucca doing just fine - Las Vegas Review - JournalWinnemucca doing just fineLas Vegas Review - Journal, NV - Aug 10, 2008"It was way to easy to get a mortgage before. But they overcorrected in my opinion." He predicts the national and state economy will pick up after the ...
Obama attacks McCain's uncertainty over houses he owns - San Diego Union TribuneObama attacks McCain's uncertainty over houses he ownsSan Diego Union Tribune, United States - Aug 21, 2008“Does a guy who made more than $4 million last year, just got back from vacation on a private beach in Hawaii and bought his own million-dollar mansion with ...
From Crossroads to Crisis - Madison MagazineMadison MagazineFrom Crossroads to CrisisMadison Magazine, WI - Aug 20, 2008But look at the ten states with higher per capita taxes than Wisconsin: Hawaii, Wyoming, Connecticut, Minnesota, Delaware, Vermont, Massachusetts, ...
Business People - Vienna/Oakton ConnectionBusiness PeopleVienna/Oakton Connection, VA - Aug 5, 2008She brings more than twelve years’ experience to the newly created position, having worked in the industry in Florida, Hawaii, and Virginia. ...
Priceline.com Includes Potential Hurricane Season Destinations In ... - Business Wire (press release)Priceline.com Includes Potential Hurricane Season Destinations In ...Business Wire (press release), CA - Aug 4, 2008Destinations throughout Florida are included, as well as New Orleans, Hawaii, Nassau/Freeport, Costa Rica, Jamaica and San Juan. ...
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