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LaGrange reviews budget cuts, maintains 0% spending increase - MIllbrook Voice LedgerLaGrange reviews budget cuts, maintains 0% spending increaseMIllbrook Voice Ledger, NY - Nov 14, 2008Wagner anticipates a 27% drop in mortgage tax for LaGrange, to $550000. "We're hopeful we'll make that, but it's going to have to be watched very carefully ...
Mortgage revenue loss freezes salaries in LaGrange - Poughkeepsie JournalMortgage revenue loss freezes salaries in LaGrangePoughkeepsie Journal, NY - Oct 27, 2008The frugal spending is an attempt to deal with the anticipated 27 percent decrease in mortgage tax revenues. "The 2009 LaGrange budget process has been made ...
LaGrange maintains zero spending increase - MIllbrook Voice LedgerLaGrange maintains zero spending increaseMIllbrook Voice Ledger, NY - Oct 31, 2008"This has been made difficult by the national mortgage crisis," said Wagner. Revenue from mortgage tax fell 27%from 2007 to 2008. ...
LaGrange man advertises odd jobs to save home - Chronicle-TelegramLaGrange man advertises odd jobs to save homeChronicle-Telegram, OH - Oct 26, 2008Riddell, 60, said he is about two months in arrears on his mortgage and is willing to do just about anything. He posted a big sign in his yard that says, ...
La Grange among hardest-hit locally in home price drops - Crain's Chicago BusinessLa Grange among hardest-hit locally in home price dropsCrain's Chicago Business, IL - Nov 3, 2008With mortgage lending as tight as it is and the economy slipping into a recession, the price declines are expected to continue. ...
Scholarship Money Is Still Widely Available - SayCampusLifeScholarship Money Is Still Widely AvailableSayCampusLife, VA - Nov 18, 2008Graduating high school seniors in Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley counties in Indiana are ...
Man fearing foreclosure removes sign seeking work - Chronicle-TelegramMan fearing foreclosure removes sign seeking workChronicle-Telegram, OH - Oct 28, 2008LAGRANGE — LaGrange resident Larry Riddell said he willingly took down a sign seeking odd jobs to help him save his home from foreclosure because he did not ...
David Johnson to Head CNE - WTVCDavid Johnson to Head CNEWTVC, TN - 4 hours agoFrom January 2005-December 2006, Johnson was executive director of DASH Homeownership Center, LaGrange Georgia, and he was client services director of ...
Charter Financial Reports Fiscal Year 2008 Net Income of $10.5 Million - MarketWatchCharter Financial Reports Fiscal Year 2008 Net Income of $10.5 MillionMarketWatch - Nov 7, 2008CharterBank is headquartered in West Point, Georgia, and operates ten branches on the I-85 corridor from LaGrange, Georgia to Auburn, Alabama. ...
Fire guts Hyde Park home; see video - Poughkeepsie JournalFire guts Hyde Park home; see videoPoughkeepsie Journal, NY - Nov 11, 2008Firefighters used tanker trucks from the LaGrange, Rhinebeck, East Clinton and West Clinton fire departments and pumped water from ponds on Quaker Lane and ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms