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Use Vermont common sense - Barre Montpelier Times ArgusUse Vermont common senseBarre Montpelier Times ArgusI had quite a bit of equity in my property so I was able to obtain a 3.0% home equity loan.I pay $ 359 per mont for tjhe loan and $150.00 per month for ...
BURLISON: Don't break the bank on these picks - Long Beach Press-TelegramBURLISON: Don't break the bank on these picksLong Beach Press-TelegramPlease do not dip into your home equity line of credit, 401 K plan (what remains of it) or your children's college savings in order to try to get a ...and more »
Looking back at Gale Thomson - SmallTownPapers News ServiceSmallTownPapers News ServiceLooking back at Gale ThomsonSmallTownPapers News ServiceBRADFORD, Vermont (STPNS) -- ORFORD–It was a promising spring day in the late 1980s and I waited outside the Orford Servicenter for my car to be serviced. ...
CDO 'Samaritan' Hildene Duels Funds Over Collateral - BusinessWeekCDO 'Samaritan' Hildene Duels Funds Over CollateralBusinessWeekHe named the company after the Manchester, Vermont, home of Abraham Lincoln's son, Robert Todd Lincoln, where he was married in 2007. ...and more »
PROVENA COVENANT MEDICAL CENTER v. DEPARTMENT OF REVENUE - Leagle.comPROVENA COVENANT MEDICAL CENTER v. DEPARTMENT OF REVENUELeagle.comPatients who qualified based on low income might nevertheless be rendered ineligible if the equity in their principal residence exceeded $10000 or they held ...and more »
Forward thinkers: Skills take GW from automotive to medical - Plastics NewsForward thinkers: Skills take GW from automotive to medicalPlastics NewsGW ranks as the 65th-largest employer in Vermont by number of employees, and 30th-largest by sales. About 250 Vermonters work at GW plants in Bethel and ...
Initial Jobless Claims Edge Down - Zacks.comInitial Jobless Claims Edge DownZacks.comWith one in four houses with mortgages now underwater, they do not have the option of drawing on their home equity (if they are homeowners) the way they did ...and more »
Who Is Next? - Cape Cod Today (blog)Who Is Next?Cape Cod Today (blog)About 20 percent of all mortgages have equity value in their home that is less than the amount of the mortgage loan (an invitation to walk away); ...
Surplus helps offset spending plans in Dorset - Rutland HeraldSurplus helps offset spending plans in DorsetRutland HeraldGaiotti said Dorset struggled with the same kinds of cost increases as other Vermont municipalities, including health care and the price of road salt. ...and more »
Alteris Renewables Has the Pieces in Place for a Very Bright Future - Business WestBusiness WestAlteris Renewables Has the Pieces in Place for a Very Bright FutureBusiness West“It was a cottage industry, with guys in Vermont making 'off-the-grid' systems for their friends, all while they were running their organic farms or their ...

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Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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