There are a lot of different words floating around throughout a real estate transaction, and this jargon can get downright confusing at times. One word that you have likely heard bounced around between real estate agents, escrow or title companies, mortgage companies or lenders, and others is a mortgage promissory note. So what is this?
A [...]
Posts Tagged ‘real estate’
What Is a Mortgage Promissory Note?
January 12th, 2011 by Financial Writer
Tags: au, bank, finance, financial, interest rate, lender, lenders, loan, mortgage, mortgage companies, rate, real estate, repayment, transaction, us
more...San Diego Real Estate, Million Dollar Homes
November 30th, 2010 by Financial Writer
County of San Diego has always been known for its Luxury Homes, in the year 2004, in San Diego County home sales luxury (homes over $ 1,000,000) hit an incredible 2774 total units, an increase of almost 170% of total sales in 2003!
Throughout the State of California, a total of 33 107 [...]
Tags: au, ben, buyers, California, dollar, dollars, finance, home sales, increase, interest rate, interest rates, lender, lenders, loan, loans, owners, rate, real estate, sales, us, wells fargo
Always The Best Deal On Home Mortgage Rates
November 25th, 2010 by Financial Writer
Home mortgage interest rates, which will be available depends on how good your credit score and history. If you have a good credit score, you have several options to choose from. First, you must decide which type of mortgage is best for you.
The various types of loans other than traditional “fixed rate” [...]
Tags: business, customers, economy, finance, finances, increase, interest rate, interest rates, lender, lenders, loan, loans, money, mortgage, mortgage rates, mortgages, rate, real estate, recession, repayment, us
China’s Stocks Decline on Inflation Concern, Commodity Prices
November 11th, 2010 by Financial Writer
China’s stocks fell the most in two weeks on slumping commodity prices and concern the government may step up measures to contain growth in housing and consumer prices after inflation accelerated to a two-year high last month.
Industrial and Commercial Bank of China Ltd. slid more than 2 percent after Bank of America Merrill Lynch Research [...]
Tags: Bank Inflation, bank of china, borrowers, consumers, financial system, Global Economy, inflation, lenders, loans, real estate, stock market
China’s Stocks Fluctuate After Wen Comments; SAIC Gains, Developers Drop
September 13th, 2010 by Financial Writer
China’s stocks fluctuated after Premier Wen Jiabao said the world’s fastest-growing economy is in “good shape,” while cautioning that rising property prices threaten to stoke unrest.
SAIC Motor Corp., the nation’s largest carmaker, added 0.8 percent after an indicator of China’s economic outlook increased for a third month in July. Air China Ltd. gained among airlines [...]
Tags: Chinese economy, economic growth, economic recovery, financial crisis, Global Economy, real estate, us economy
Existing home sales slip 2% in May
June 22nd, 2010 by Financial Writer
Existing home sales slipped in May and missed estimates but sustained a strong pace as homebuyers who qualified for the expired tax credit moved to close deals ahead of the June 30 deadline.
The National Association of Realtors reported that existing home sales dipped 2.2% last month to a seasonally adjusted annual rate of 5.66 million [...]
Tags: debt crisis, economists, financial system, home inventory, home prices, home sales, interest rates, loans, money, mortgage rates, real estate
Europe’s Banks Hit by Rising Loan Costs
May 25th, 2010 by Financial Writer
European banks are being forced to pay more for short-term dollar borrowings than banks in the U.S. and Asia—suggesting that lenders world-wide are increasingly nervous about the risks ahead for European banks as financial pain cascades across the continent.
On Monday, the London interbank offered rate, or Libor—the rate at which banks lend money to each [...]
Tags: borrowers, economic recovery, euro zone, european economy, financial, financial crisis, Global Economy, investors, real estate, stock market, us economy
China’s economy expands at torrid pace in first quarter
April 16th, 2010 by Financial Writer
The nation’s gross domestic product grows 11.9% compared with the same period a year ago. Analysts say Beijing may boost efforts to control inflation.
Reporting from Beijing
China’s economy continued its torrid growth in the first three months of the year, with gross domestic product expanding 11.9% compared with the same period a year ago, China’s National [...]
Tags: business, China, economic, economic recovery, economy, economy recovery, Global Economy, inflation, real estate
European markets push higher ahead of US open
December 21st, 2009 by Financial Writer
European stock markets and Wall Street futures rose Monday amid hopes that the recent bout of selling may have run its course. However, bigger gains are not anticipated over the coming days as trading volumes fall because more and more traders are shutting up shop for the Christmas break.
The FTSE 100 index of leading British [...]
Tags: christmas, Federal Reserve, real estate, stock markets, wall street
House passes tax hike for investment managers
December 9th, 2009 by Financial Writer
The House voted Wednesday to slap higher taxes on Wall Street investment managers to help pay to extend $31 billion in tax breaks for Americans, including popular deductions for local and state sales and property taxes.
The 45 tax deductions and credits for businesses and individuals are scheduled to expire at year’s end. The House voted [...]
Tags: businesses, businesses finance, investment managers, real estate