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News about Mortgages:
Ashland County Real Estate Transactions - Mansfield News JournalAshland County Real Estate TransactionsMansfield News Journal... Thomas D. Kithcart by Sheriff E. Wayne Risner, to Federal National Mortgage Association, $18667 1730 Upland Drive, Ashland, Leah Burnette Trustee of the ...
We're enjoying record prosperity, study finds - The AgeWe're enjoying record prosperity, study findsThe AgeAt the end of 2009, it took the average worker 1.58 weeks worth of wages to make their monthly mortgage repayment, up from 1.27 weeks a decade ago. ...and more »
Lender AMP defies the big banks on home loan rates - NEWS.com.auNEWS.com.auLender AMP defies the big banks on home loan ratesNEWS.com.auThe four major banks now have 90 per cent of the trillion-dollar mortgage market - a 28 per cent increase between June 2008 and June 2009. ...and more »
Wayne Collett, Track Medalist Barred Because of a Protest, Dies at 60 - New York TimesNew York TimesWayne Collett, Track Medalist Barred Because of a Protest, Dies at 60New York TimesHe worked in a law practice and real estate and mortgage businesses. In 1992, he was elected to the UCLA Athletics Hall of Fame. His survivors include his ...and more »
Sue Your Lender, Save Your Home - Housing WatchSue Your Lender, Save Your HomeHousing WatchFor homeowners struggling to keep up with their mortgage payments, their best hope may be negotiating a lower, ...and more »
Wayne Collett dies at 60; UCLA sprinter won silver medal at '72 Olympics - Los Angeles TimesLos Angeles TimesWayne Collett dies at 60; UCLA sprinter won silver medal at '72 OlympicsLos Angeles TimesCollett practiced law and later worked in real estate and mortgage banking. Survivors include his wife of 37 years, Los Angeles County Superior Court Judge ...and more »
Community Center seeks to pay off mortgage - Wayne IndependentCommunity Center seeks to pay off mortgageWayne IndependentThe board is making annual payments of $5000 to the Wayne Highlands School District in an agreement reached a few years ago. They have made four out of 18 ...
Lease it and leave it - Detroit Free PressLease it and leave itDetroit Free PressThe program handles the landlord chores -- maintenance, taxes and tenants -- while the rent covers the Slaughters' old taxes and mortgage. ...and more »
Baseball's Dykstra sues JPMorgan for $100 million - Reuters CanadaSportsnet.caBaseball's Dykstra sues JPMorgan for $100 millionReuters CanadaHe said the thrift them reneged on an assurance it would let him refinance a mortgage used to buy a mansion from hockey legend Wayne Gretzky. ...JPMorgan Accused by Ex-Mets Player Dykstra of Predatory LendingBusinessWeekLenny Dykstra Wants Millions From WaMuCourthouse News ServiceJPMorgan sued by former Mets baseball player for reneging on loanBobsguide (press release)all 69 news articles »
Difficulties await eco-friendly home owners seeking refinance, mortgage loan - Credit Loan (blog)Difficulties await eco-friendly home owners seeking refinance, mortgage loanCredit Loan (blog)One homeowner who faced trouble was Wayne Bryant. He and his wife feared they would lose their home, which was built underground, until they found a local ...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 |