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Franklin Templeton Limited Duration Income Trust Reports Asset Allocation - CNNMoney.com (press release)
Franklin Templeton Limited Duration Income Trust Reports Asset AllocationCNNMoney.com (press release)Franklin Templeton Limited Duration Income Trust (NYSE Amex: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its ...and more »

CANADA TIP SHEET: Radin Looks Past Problems - Wall Street Journal
CANADA TIP SHEET: Radin Looks Past ProblemsWall Street JournalFranklin Templeton's value philosophy is about buying good companies at bargain prices. Those opportunities usually happen when a company runs into problems ...

Augusta-area credit union membership still growing - Augusta Chronicle
Augusta-area credit union membership still growingAugusta Chronicle"We have 500 or 600 new accounts open every month," said Ed Templeton, the president of North Augusta-based SRP. Credit unions offer the same financial ...and more »

Time Coming For Commercial Mortgage Market To Stand On Its Own - NASDAQ
Time Coming For Commercial Mortgage Market To Stand On Its OwnNASDAQRoger Bayston, a senior vice president at Franklin Templeton Fixed Income, said his company continues to hold commercial mortgages. ...and more »

Templeton Says Buy Korea, Malaysia Debt to Avoid Sovereign Risk - BusinessWeek
Templeton Says Buy Korea, Malaysia Debt to Avoid Sovereign RiskBusinessWeekThe US has spent $451.2 billion rescuing financial companies since the subprime mortgage collapse sparked a global recession, according to data compiled by ...and more »

Farmers Face Crop Insurance Deadline With Drought Threat Looming - OPB News
Farmers Face Crop Insurance Deadline With Drought Threat LoomingOPB NewsMonday is the final deadline for farmers in the northwest to buy crop insurance for most seeds they're planting this spring. ...and more »

BRICs Rally Slows Amid Highest Valuations Since 1995 - BusinessWeek
BRICs Rally Slows Amid Highest Valuations Since 1995BusinessWeekThe MSCI measure peaked that month and sank 58 percent in the next year while the MSCI World lost 43 percent as bad mortgage loans sparked a freeze in ...and more »

Do You Have to File a Tax Return? - FOXBusiness
FOXBusinessDo You Have to File a Tax Return?FOXBusinessMs. Buckner is a Retirement and Financial Planning Specialist at Franklin Templeton Investments. The views expressed in this article are only those of Ms. ...and more »

Lipper Snaps-Johnson top US-listed bond fund in Feb. - Reuters
Lipper Snaps-Johnson top US-listed bond fund in Feb.ReutersTempleton International Bon 2.33 3.70 31.95 NA NA Fund;A LP40120271 4. Merk Absolute Return 2.27 -1.00 NA NA NA Currency Fund;Inv LP40176365 5. ...and more »

A Crowded Field Challenges Wu In 1st Congressional District - OPB News
A Crowded Field Challenges Wu In 1st Congressional DistrictOPB NewsOregon's First Congressional district is both rural and urban. It begins at the mouth of the Columbia River, and includes Clatsop, ...

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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
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