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News about Mortgages:
Conway Urges Congress To Protect Homeowners - kypost.comConway Urges Congress To Protect Homeownerskypost.com, KY - 1 hour agoAttorney General Jack Conway, along with the attorneys general of 21 other states and the District of Columbia, Tuesday sent a letter to US House and Senate ...
Homebuilding's First Name in Lasting Value Celebrates Half Century - Trading Markets (press release)Homebuilding's First Name in Lasting Value Celebrates Half CenturyTrading Markets (press release), CA - 9 hours agoK. Hovnanian Homes is going strong in its 50th year with a family of homebuilders across 18 states, including the District of Columbia. ...
McGraw urges changes in Bankruptcy Code - West Virginia RecordMcGraw urges changes in Bankruptcy CodeWest Virginia Record, WV - Jan 8, 2009They also said the measure would help secondary market investors and other owners by making the stream of income on mortgage-backed securities more certain, ...
Fulton Financial Corporation Announces Dates for Fourth Quarter ... - CNNMoney.comFulton Financial Corporation Announces Dates for Fourth Quarter ...CNNMoney.com - Jan 6, 2009... Maguire, Weaver and Barrett, LLC, West Conshohocken, PA. Residential mortgage lending is offered by all banks through Fulton Mortgage Company. ...
Washington real estate blues - Atlantic OnlineWashington real estate bluesAtlantic Online - 22 hours ago... Logan, Foggy Bottom, West End, Chinatown/Gallery Place, Penn Quarter, U Street, and Columbia Heights. The more adventurous may try Shaw, Bloomingdale, ...
Stockguru.com: Stocks to Watch for January 8, 2009 - TOOT, FDOG ... - Trading Markets (press release)Stockguru.com: Stocks to Watch for January 8, 2009 - TOOT, FDOG ...Trading Markets (press release), CA - Jan 8, 2009The company was incorporated in 1998 and is headquartered in Columbia, South Carolina. CLXS News Yesterday, Collexis Holdings announced that their life ...
Ore. bank rises by not jumping into housing - The Oregonian - OregonLive.comOre. bank rises by not jumping into housingThe Oregonian - OregonLive.com, OR - Jan 1, 2009Columbia Bancorp, parent of Columbia River Bank, closed its mortgage business and hired a new CEO and CFO. Its stock price fell 87 percent. ...
Apartment building sales hit new low - Times ColonistApartment building sales hit new lowTimes Colonist, Canada - Jan 8, 2009Campbell River, Parksville/Qualicum and Port Alberni/West zones saw the largest declines in sales, each falling 33 per cent from 2007. Port Alberni/West ...
West Hawk Company Update - FOXBusinessWest Hawk Company UpdateFOXBusiness - Jan 6, 2009The Company will remain focused on the Groundhog coal project in British Columbia, Canada, the West Hawk Energy (USA), LLC, Chapter 11 restructuring and the ...
Just the facts - Asia Times OnlineJust the factsAsia Times Online, Hong Kong - Jan 5, 2009Freddie Mac 30-year fixed mortgage rates declined 5 bps to 5.10% (down 97bps yoy), with a 9-wk decline of 136 bps. Fifteen-year fixed rates fell 8 bps to ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms