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News about Mortgages:
Geithner May Seek to Push Bair Out After Clashes During Crisis - BloombergGeithner May Seek to Push Bair Out After Clashes During CrisisBloomberg - 2 hours ago... Falls Church, Virginia, said in an interview. On other issues, too, Bair has stepped out in front of her Bush administration colleagues. As the mortgage ...
Falls Church Business News and Notes - Falls Church News PressFalls Church Business News and NotesFalls Church News Press, VA - Nov 26, 2008Virginia Commerce Bank will open its Falls Church branch in the West Metro Plaza at 7115 Leesburg Pike on Mon, Dec. 15. The branch will be open Mon through ...
Navigating Foreclosures: Great Deals at Bargain Prices - Falls Church News PressNavigating Foreclosures: Great Deals at Bargain PricesFalls Church News Press, VA - Nov 20, 2008While the Falls Church area has managed to escape the severity of the foreclosure crisis that plagues much of Northern Virginia today, the foreclosure ...
Lynda Ann Stowell - Taunton Daily GazetteLynda Ann StowellTaunton Daily Gazette, USA - Nov 30, 2008While living in Mansfield, Ms. Stowell was a communicant of St. Mary’s Roman Catholic Church. Ms. Stowell resided in Taunton for the past ten years and was ...
First Baptist to mark 150th anniversary - Daily Freeman JournalFirst Baptist to mark 150th anniversaryDaily Freeman Journal, IA - Nov 28, 2008The present church building was dedicated March 4, 1974 and the congregation witnessed the mortgage burning in 1982. In recent years, the church remodeled a ...
Neighbors worth Knowing: Dale Vinson a steward of his Habitat - Sheboygan PressNeighbors worth Knowing: Dale Vinson a steward of his HabitatSheboygan Press, WI - Nov 30, 2008But the other is to Habitat for Humanity, which won him over when he was taking a break from leadership responsibilities at his church, Evangelical Free ...
Erie County Real Estate Transactions - Buffalo NewsErie County Real Estate TransactionsBuffalo News, United States - Dec 1, 2008Monicas Roman Catholic Church Society of Buffalo New York to Orlando Properties Inc., $11500. • 115 Geary St., Marco Polo Properties Llc to Sean Lavelle, ...
Safe as houses? - WalesOnlineSafe as houses?WalesOnline, United Kingdom - Nov 28, 2008Wrexham has seen one of the biggest falls in house prices anywhere in the UK but Derwyn was hopeful he could move somewhere smaller. ...
Morning Brief: Broker Raffles His Annapolis House - Washington Post BlogsWashington Post BlogsMorning Brief: Broker Raffles His Annapolis HouseWashington Post Blogs, DC - Nov 17, 2008In the contracting world, Falls Church-based CSC announced last week that heavy-hitter Michael J. Mancuso will come out of retirement to join the ...
Paulson pulling more tricks to bolster US economy - Ely TimesPaulson pulling more tricks to bolster US economyEly Times, USA - Nov 25, 2008The Fed also announced that it will spend $500 billion to buy mortgage-backed securities guaranteed by mortgage giants Fannie Mae and Freddie Mac and ...Singapore‘s Temasek cancels sale of power company Herald News DailyBlack Friday shoppers out in force, but cautious Ely Timesall 11,536 news articles
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