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National Public Radio Sells $160 Million of Debt as Yields Sink - BusinessWeekNational Public Radio Sells $160 Million of Debt as Yields SinkBusinessWeek“A lot of organizations now are feeling comfortable with the economy and seeing interest rates dipping,” said William Liggins, director of DC's revenue bond ...and more »
February Construction Rises 5% - Construction.comFebruary Construction Rises 5%Construction.comThe positives for housing include low mortgage rates and a shrinking inventory of unsold homes. For nonresidential building, however, the tough environment ...and more »
Why Canada Avoided a Mortgage Meltdown - Wall Street JournalWashington TimesWhy Canada Avoided a Mortgage MeltdownWall Street JournalMr. Pollock is a resident fellow at the American Enterprise Institute in Washington, DC He was president and CEO of the Federal Home Loan Bank of Chicago ...Drop in Home Sales Underscores Fragile Recovery According to Fannie Mae's ...RealEstateRamaall 87 news articles »
Gramercy Capital Corp. Reports Fourth Quarter 2009 Financial Results - MarketWatch (press release)Gramercy Capital Corp. Reports Fourth Quarter 2009 Financial ResultsMarketWatch (press release)At December 31, 2009, the Company owned 25.6 million rentable square feet of commercial real estate in 36 states and the District of Columbia with an ...and more »
Farmer Mac Reports 2009 GAAP Earnings of $82 Million - PR Newswire (press release)Farmer Mac Reports 2009 GAAP Earnings of $82 MillionPR Newswire (press release)Farmer Mac also reported that the lawsuit that was filed in the United States District Court for the District of Columbia against Farmer Mac and certain of ...and more »
A Hot Job for Hard Times: The Life-Insurance Agent - Wall Street JournalA Hot Job for Hard Times: The Life-Insurance AgentWall Street JournalMr. McCarthy is now beginning his third year at a Northwestern Mutual agency in Washington, DC "It's a challenge, for sure," he says. ...and more »
Federal Reserve moves signal mortgage rates could ease up to 5.5% - OregonLive.com (blog)ReutersFederal Reserve moves signal mortgage rates could ease up to 5.5%OregonLive.com (blog)The New York Times reports on the tea-leaf reading going on in Washington, DC, and Wall Street messages sent out Tuesday by the ...Fed To Keep Rates Low For Extended PeriodAHN | All Headline NewsFed holds course on ratesGlobe and MailFed maintains low rates, upgrades view on US economyBangkok PosteNews Park Forest -Anderson Independent Mail -Bloomington Pantagraphall 3,486 news articles »
Congressional Documents and Publications - Insurance News Net (press release)Mortgage Rates & Trends (blog)Congressional Documents and PublicationsInsurance News Net (press release)Today, NAMB advocates on behalf of more than 70000 small business mortgage professionals located in all 50 states and the District of Columbia. ...Congressional Documents and PublicationsInsurance News Net (press release)all 15 news articles »
Hawaii sees rising delinquencies in home mortgages - Honolulu AdvertiserHawaii sees rising delinquencies in home mortgagesHonolulu AdvertiserCompared with other states and the District of Columbia, Hawai'i had the 14th highest percentage of foreclosure starts during the fourth quarter. ...and more »
Rescuing legal aid - Baltimore SunRescuing legal aidBaltimore SunUnless something is done, thousands of families and individuals will lose their ability to challenge the decisions of mortgage companies, landlords, ...and more »

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Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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