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Home sales in Delaware reveal mixed picture - The News JournalHome sales in Delaware reveal mixed pictureThe News JournalSussex numbers were not available, but one Realtor said the business bounced back nicely once the snow was cleared. "That kind of prevented a lot of people ...and more »
New Sussex County flood maps available for review - NorthJersey.comNew Sussex County flood maps available for reviewNorthJersey.comInclusion in a flood plain carries a mandatory flood insurance requirement for all properties with a federally-backed mortgage. ...and more »
Rolling Hills Estates to celebrate grand opening Sunday in Wantage - NorthJersey.comNorthJersey.comRolling Hills Estates to celebrate grand opening Sunday in WantageNorthJersey.com... with the use of NVR Mortgage. See a Ryan Homes sales representative for details. Located in northwestern Sussex County near the New York border, ...
Sheriff's sales of homes skyrocket - Bethany Beach WaveSheriff's sales of homes skyrocketBethany Beach Wave"It's affecting a wider, broad-stroke demographic," said Judy Dean, president of the Sussex County Association of Realtors. "We're seeing all types of ...
Chelsea wraps peace of mind into 5-year fixed rate - FT AdviserChelsea wraps peace of mind into 5-year fixed rateFT AdviserBrian Dusart, managing director of East Sussex-based IFA Cherry Mortgages, said he thought that the deals were good rates and worth looking at. ...
New low-priced townhome community opens in Sparta - NorthJersey.comNorthJersey.comNew low-priced townhome community opens in SpartaNorthJersey.comThat's exactly what you'll find when you visit Sparta Village, an exceptional new townhome community from Ryan Homes, located in Sussex County's desirable ...
Icahn wins approval for ownership of the Tropicana casino - Press of Atlantic CityIcahn wins approval for ownership of the Tropicana casinoPress of Atlantic CityTropicana has languished ever since its former owner, Columbia Sussex Corp., was stripped of its gaming license in December 2007 following a troubled reign ...and more »
Realtors aim to stem foreclosures - Cape GazetteRealtors aim to stem foreclosuresCape GazetteMore houses are being foreclosed in Sussex County than anywhere else in the state – a nearly 50 percent increase countywide since 2008. ...
Bargain basement deal awaits buyers at Emerald Estates - NorthJersey.comBargain basement deal awaits buyers at Emerald EstatesNorthJersey.comSussex County is home to Ballyowen Golf Course, Skyview Country Club and Tamaqua Golf Course. For more information on Emerald Estates, call 973-827-0429 or ...
Wealth check: 'I'd like to buy my first home, but is it wise?' - IndependentWealth check: 'I'd like to buy my first home, but is it wise?'Independent"We've recently started viewing flats in the Sussex area – so outside London – around the £160000 price mark," he says. "However, to reach our goal, ...and more »

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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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