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News about Mortgages:
Mortgage rates remain below 5 percent - The Associated PressThe GuardianMortgage rates remain below 5 percentThe Associated PressWASHINGTON — Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that ...Mortgage rates remain below 5 pctJournal Record (subscription)Long-term mortgage rates down slightlyUPI.comMortgage rates stay below 5%Bizjournals.comall 353 news articles »
Mortgage rates remain below 5 percent - ForbesMortgage rates remain below 5 percentForbesWASHINGTON -- Mortgage rates have held below the 5 percent threshold for the second straight week, only weeks before ...
Banks warn on rates and house prices - Financial TimesBanks warn on rates and house pricesFinancial TimesMortgage rates will rise, home prices will fall and the supply of credit will diminish when the US Federal Reserve and ...Mortgage Rates on 30-Year US Loans Fall to 4.97%BusinessWeekUS mortgage rates drop in weekUPI.comMortgage Q&A: Crisis no reason to dis ARMWashington Timesall 244 news articles »
Borrowers wait for answers on Obama loan plan - The Associated PressBorrowers wait for answers on Obama loan planThe Associated PressThe program is designed to lower borrowers' monthly payments by reducing mortgage rates to as low as 2 percent for five years and extending loan terms to as ...and more »
Mortgage rates today & mortgage and foreclosures: Fewer paying late mortgage - Khabrein.infoLos Angeles TimesMortgage rates today & mortgage and foreclosures: Fewer paying late mortgageKhabrein.infoWashington: Mortgage rates today & mortgage and foreclosures: Fewer paying late mortgage. That is why the president has announced to release millions ...US MBA Chief Econ: Expect Steady Rise In Mtg Rates Thru 2010Market News InternationalUS mortgage foreclosures riseSydney Morning HeraldBusiness HighlightsBusinessWeekall 855 news articles »
Mortgage rates remain below 5 percent - Boston HeraldMortgage rates remain below 5 percentBoston HeraldBy AP WASHINGTON — Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program ...
Global banks warn on rates and house prices - Financial TimesGlobal banks warn on rates and house pricesFinancial TimesMortgage rates will rise, home prices will fall and the supply of credit will diminish when the US Federal Reserve and ...IIF Says Rising Government Deficits May Stifle Global EconomyBusinessWeekBank group warns on fiscal, regulatory uncertaintyForex Prosall 13 news articles »
Business events scheduled for the coming week - The Associated PressBusiness events scheduled for the coming weekThe Associated Press1 TUESDAY, March 16 WASHINGTON — Federal Reserve announces decision on interest rates; Commerce Department releases housing starts for February, 8:30 am; ...and more »
Jumbo Mortgage Borrowers Buckle Up For Wild Ride - FreeRateUpdate.comJumbo Mortgage Borrowers Buckle Up For Wild RideFreeRateUpdate.com12, 2010 (FreeRateUpdate.com) – The prudent among home owners with a mortgage are locking in the lowest mortgage rates since RCA black and white TVs were ...and more »
Fannie and Freddie's Future: What Will Barney Frank Do? - Wall Street Journal (blog)UPI.comFannie and Freddie's Future: What Will Barney Frank Do?Wall Street Journal (blog)That is especially true now, in an election year, when the historically low mortgage rates the mortgage giants are providing play well with nearly all ...TCW Returns to Mortgage Bonds It Sold After DeclinesBusinessWeekFannie Mortgage Bond Spreads Shrink to RecordAtlantic Online (blog)all 305 news articles »

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Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
View all Terms |