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Housing downturn hits LA-area rents - Los Angeles TimesHousing downturn hits LA-area rentsLos Angeles Times, CA - Jan 7, 2009A two-bedroom apartment on Mayfield Avenue in Brentwood that rented for $2395 a year ago is now listed for $1995. Even landlords in pricey Santa Monica are ...
The Year in Review - The County PressThe Year in ReviewThe County Press, MI - Dec 31, 2008The school district is in the process of developing a scholarship fund that will be set up in Fox's name. n Mayfield Township Clerk Kendra Davis fired her ...
Progressive won't pay dividend in January - The Plain Dealer - cleveland.comDividend.comProgressive won't pay dividend in JanuaryThe Plain Dealer - cleveland.com, OH - Dec 15, 2008MAYFIELD -- Auto insurance giant Progressive Corp. won't pay an annual dividend in January and may not pay one in 2010 either. The company warned in October ...Progressive Won't Pay 2008 Dividend On Likely Loss CNNMoney.comall 30 news articles
Music critic checks list of 2008 albums - Akron Beacon JournalMusic critic checks list of 2008 albumsAkron Beacon Journal, OH - Dec 24, 2008I don't usually go in for the lonely, perpetual heartbroken troubadour with a guitar thing, but Kent product Mayfield got to me with the simple directness ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms