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Closings of local stores tied to market strains created by rising ... - Madison Messenger
Closings of local stores tied to market strains created by rising ...Madison Messenger, VA - Aug 5, 2008“Bud (Cardwell) and Jack (Yarbrough) were looking to retire for two or three years,” said Donnie Joyce, executive director of the Western Rockingham Chamber ...

Slow home sales could continue to drag on Virginia’s economy - Virginia Business Magazine
Slow home sales could continue to drag on Virginia’s economyVirginia Business Magazine, VA - Aug 1, 2008SRI International, a nonprofit research institute, broke ground in December in Rockingham County on a new 40000-square-foot building for its Center for ...

NC General Assembly adjourns for the year - FayObserver.com
News 14 CarolinaNC General Assembly adjourns for the yearFayObserver.com, NC - Jul 18, 2008The Legislature also presented to Easley in the final week an emergency mortgage foreclosure program and tougher penalties against people who participate in ...State legislature: At a glance Salisbury Postall 288 news articles

The day I met my Waterloo - Daily Mail
The day I met my WaterlooDaily Mail, UK - Jul 11, 2008Rob and his cohorts have landed at the three day Call to Arms History Fair in the grounds of Rockingham Castle, like creatures from a time machine. ...

Second Lady lauds pioneer Muldowney - London Free Press
Second Lady lauds pioneer MuldowneyLondon Free Press, Canada - Jul 19, 2008Cannister's list of "racing casualties" in 2008 is a who's who -- beating Atchison in finals at San Antonio, Tex., and Rockingham, NC, then, after losing to ...

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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.

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