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Can State Housing Market Survive End Of Federal Assistance? - Hartford CourantHartford CourantCan State Housing Market Survive End Of Federal Assistance?Hartford Courant"The critical thing in order to make housing self-sustaining, you need job growth," said Nicholas S. Perna, a Yale lecturer and economic adviser to Webster ...and more »
Business people - Worcester TelegramBusiness peopleWorcester TelegramWebster-based Webster Five Cents Savings Bank ( www.web5.com), which has branches in six other communities, has hired the staff of Minuteman Mortgage of ...
Webster Five Absorbs Local Mortgage Firm - Worcester Business JournalWebster Five Absorbs Local Mortgage FirmWorcester Business JournalMinuteman Mortgage of Shrewsbury has closed its doors and its two employees have joined Webster Five Cents Savings Bank's mortgage ...
Irongate Inc., Realtors announces the affiliation of Fisher & Associates Realty - Times Community Newspapers of Greater DaytonIrongate Inc., Realtors announces the affiliation of Fisher & Associates RealtyTimes Community Newspapers of Greater DaytonIn addition to Broker Ron Fisher, those joining Irongate include Realtors Jinx Fisher, Carl Fisher, Alice Webster, Ben Miller, Michelle Swank, Jason Foster, ...
Waves of job-seekers hit Ocean House - TheDay.comWaves of job-seekers hit Ocean HouseTheDay.comNear the tail end of the line snaking along Dixon Street, Fred Webster of South Kingstown, RI, said a job in the kitchens at Ocean House might make the best ...and more »
Property sales - Journal and CourierProperty salesJournal and Courier30, 2009, 3346 Webster St., West Lafayette, $208000, American International Relocation Solutions, LLC to Soma and Abhijit Mukhopadhyay Dec. ...and more »
Realty transfers - Roanoke TimesRealty transfersRoanoke TimesLLC to Federal Home Loan Mortgage Corp., 3532 Pinacle Ridge Road NE Roanoke VA 24012, $300500 02/04/2010. Baldwin, Gregory B. to City of Roanoke VA, ...
The Skinny: Hairdressers take on Hamas ... very carefully - Tampabay.comThe Skinny: Hairdressers take on Hamas ... very carefullyTampabay.comIn what would make an excellent plot twist if there was a Shear Genius: Gaza Strip, Gaza's Islamic militant rulers Hamas ...and more »
Consumer help: Loan modifications that might be hurting you - ABC15.com (KNXV-TV)Consumer help: Loan modifications that might be hurting youABC15.com (KNXV-TV)... reduce the family's mortgage payment by at least 10% -- guaranteed. “If they couldn't get that, then they'd give us a full refund,” said John Webster. ...
Finance Reform Bill May Exempt Payday Lenders - New York Times (blog)Finance Reform Bill May Exempt Payday LendersNew York Times (blog)Mr. Corker's campaign received $6500 in the last two years from Advance America's founder, George D. Johnson Jr., its chief executive, William M. Webster IV ...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.
View all Terms |