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News about Mortgages:
Realtors look to falling mortgage rates for a better year for home ... - Colorado Springs GazetteRealtors look to falling mortgage rates for a better year for home ...Colorado Springs Gazette, CO - 6 hours agoDecember was a downer for the Colorado Springs-area home market, as prices and sales dropped sharply last month to cap one of the weakest years for the ...
· Public records for Jan. 1, 2009 - Daytona Beach News-Journal· Public records for Jan. 1, 2009Daytona Beach News-Journal, FL - Jan 1, 2009Norma V. Rivera, real property; Fifth Third Mortgage Co. v. Jose B. Sanchez, real property; Wachovia Bank NA v. Daniel Echt, in excess of $15000; ...
Ministry Needs A Prayer - Tampa TribuneMinistry Needs A PrayerTampa Tribune, FL - Dec 31, 2008By KATHY STEELE | The Tampa Tribune SULPHUR SPRINGS - Susan Mays bought a house more than two years ago and made it a homeless shelter for women and ...
Erie County Real Estate Transactions - Buffalo NewsErie County Real Estate TransactionsBuffalo News, United States - Dec 29, 200890 Charter Oaks Drive, Sharon Swain; Eric Swain to Robert Knapp, $55000. • 201 Springville Ave., Joseph Gendreau to Erie Tax Certificate Corporation, ...
Foreclosure crisis hits Virginia - News VirginianForeclosure crisis hits VirginiaNews Virginian, VA - Jan 3, 2009Sharon Carter, Caroline’s commissioner of the revenue, said most foreclosures there are in new subdivisions along the Interstate 95 corridor. ...
Real estate transactions - Tampabay.comReal estate transactionsTampabay.com, FL - Dec 18, 20082707 Spring Meadow Dr., to Yu Fei Liu by Angelo A. Degiulio, $258000, 11/07/2008. 1907 Masters Way, to Lonnie S. & Sharon Y. Hatcher by Wallace W. & Sarah ...
PROPERTY TRANSFERS - Richmond Times DispatchPROPERTY TRANSFERSRichmond Times Dispatch, VA - Dec 26, 20084024 Sharon Ct; Deutsche Bank Trust Company to Whitehurst James, $94900. 5407 Snead Road; Wilson William R Jr & to Cooke Jean T, $103000. ...
PROPERTY TRANSFERS - Clarksville Leaf ChroniclePROPERTY TRANSFERSClarksville Leaf Chronicle, TN - Dec 14, 2008Peter C. Boyer and Sharon Hadley Boyer to Jean-Jacques T. Murphy; 712 Mount Vernon Drive; $215000. Glen Thomas Britt and Sandra Jean Britt to Daniel J. ...
Matter of Record, December 29 - Times Record NewsMatter of Record, December 29Times Record News, TX - Dec 29, 2008Wichita Falls Teachers FCU to Sharon Davis Bunton, L1, B1 of the Hursh Addition, Section 1, $90000.00, V3315 P17. Wells Fargo Bank to John F. Muratore, ...
Property transfers - Asheville Citizen-TimesProperty transfersAsheville Citizen-Times, NC - Dec 24, 2008Meadows Road: Larry Lynn and Sharon Hayes Prescott to John Charping et al., $0. Cottage Lane: Anthony H. and Lynne E. Dantuono to Anita H. Schott, $128500. ...
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