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High water prevents Ouachita levee inspection - WXVTHigh water prevents Ouachita levee inspectionWXVT(AP) - High water has kept the Army Corps of Engineers from making its annual inspection of Ouachita River levees, leaving accreditation - and FEMA flood ...and more »
Housing starts at a recent low - Monroe News StarHousing starts at a recent lowMonroe News StarSince 2005, residential building permits issued in the Monroe metropolitan statistical area — which includes Ouachita and Union parishes — have decreased 81 ...and more »

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Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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