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Millersville University votes to buy Pa. Academy of Music building - Lancaster NewspapersLancaster NewspapersMillersville University votes to buy Pa. Academy of Music buildingLancaster NewspapersThe university would spend up to $14.5 million to buy, renovate and equip the 63000-square-foot building, located a door away from the Fulton Opera House. ...and more »
Court denies Capital One's claim, sides with Alexandria on bankrupt hotel - Alexandria Town TalkCourt denies Capital One's claim, sides with Alexandria on bankrupt hotelAlexandria Town Talk... lease or sell the bankrupt Alexander Fulton and that Capital One's claims to the hotel through a leasehold mortgage had been "rejected and terminated. ...and more »
Accused mortgage scammer Raghunath nailed after being on lam - New York Daily NewsNew York Daily NewsAccused mortgage scammer Raghunath nailed after being on lamNew York Daily NewsIshwardat (Danny) Raghunath was nabbed around 4 pm at Logan and Fulton Sts. in East New York after investigators received a tip, said FBI spokesman James ...and more »
Commercial loan losses a rising storm - Atlanta Journal ConstitutionCommercial loan losses a rising stormAtlanta Journal ConstitutionQue Nice has been cutting hair in his barbershop across Peachtree Street from the Fulton County Government Center for 13 ...and more »
Metro Atlanta foreclosures set new monthly record - Atlanta Journal Constitution (blog)Metro Atlanta foreclosures set new monthly recordAtlanta Journal Constitution (blog)This month, Gwinnett led the pack with 2648 foreclosure notices, followed by Fulton with 2455. DeKalb was third (2046), followed by Cobb (1430) and Clayton ...and more »
HopFed Bancorp, Inc. Declares Regular Quarterly Cash Dividend - PR Newswire (press release)HopFed Bancorp, Inc. Declares Regular Quarterly Cash DividendPR Newswire (press release)The Bank has eighteen offices in western Kentucky and middle Tennessee as well as Fall & Fall Insurance of Fulton, Kentucky, Heritage Solutions of Murray, ...and more »
The Vent / Atlanta/South Fulton - Atlanta Journal ConstitutionThe Vent / Atlanta/South FultonAtlanta Journal Constitution... race and whether or not they have a mortgage? And when you are done with the Fluton Co Cimmissioners, make the Fulton Co Commissioners ride Marta, too! ...and more »
Community rallies behind Deweys - In-ForumCommunity rallies behind DeweysIn-Forum“It's unbelievable,” said Sarah Fulton, a close friend of Emily's. “It shows truly how much support they still have behind them.” The Deweys have felt that ...and more »
Tri-State home-sales indicator encouraging - The Herald-MailTri-State home-sales indicator encouragingThe Herald-MailIts “northern region” includes Washington and Frederick counties in Maryland, Franklin and Fulton counties in Pennsylvania, and Jefferson, Berkeley and ...
Wanted NY mortgage scam Guyanese captured - Stabroek NewsStabroek NewsWanted NY mortgage scam Guyanese capturedStabroek NewsIshwardat (Danny) Raghunath was nabbed at around 4 pm at Logan and Fulton Streets in East New York after investigators received a tip, FBI spokesman James ...

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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.
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