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Mortgage Professor about cost of funds: 
Use Funds in 401K as a Down Payment?
April 19, 2004 "Is it advisable to use funds in my 401K as a down payment?" You don?t want to withdraw funds from a 401K to make a down payment, but you might want to borrow from your account. Whether you do or not should depend on whether it costs more or less than ... more...

Fannie Mae Under the Gun
17 January 2005 The Accounting Scandal at Fannie Mae "The media has been full of stories recently about accounting scandals at Fannie Mae?Is this another Enron? What does it mean to John Q. Public?" It is an accounting scandal, and heads have rolled as a result, but it is not ... more...

cost of funds related definitions

Closing
Closing The meeting between the buyer, seller and lender or their agents where the property and funds legally change hands. Also called settlement. Closing costs usually include an origination fee, ... more...

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

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Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Mortgage Questions to Ask Your Lender
Buying and financing a home today can be overwhelming. Here are some questions to ask your lender so that you can make informed decisions.Are both fixed-rate and adjustable mortgage loans available? What is the interest rate?How long can I "lock-in" the financing at the current interest rate?Is a ... more...

Adjustable Rate Basics
An adjustable rate loan, most simply stated, means that your interest rate can be adjusted up or down over the months and years. By adjusting the interest rate your monthly payments might also change.In order to make an intelligent choice between a fixed rate and an adjustable rate loan, you have ... more...

The Real Truth About Those: Online Get a Better Loan Web Sites - 6 Things to Look For
You have seen the Commercials on TV go this or that web Site and Refinance your Home and Save thousands. Tempting isn't it? Do they really save you money?But what if you need help or Advice? What if you have questions? Can an online Internet Robot Design a Mortgage Plan customized for your ... more...

Wedding Loans in the UK Saving Future from the Present Wedding Expenses
It is wrong if you thought that typical British weddings are starving of novel ideas. In fact, there is a glut of ideas, and each idea sounds as enthralling as the previous ones. The only glitch then is of finance. Had weddings been the be-all and end-all of life, not an iota of concern would have ... more...

Smokers, Death Benefit Arguments, and Poly-behavioral Addiction
Do Governments Save Money by Watching Smokers Die Prematurely?This was the conclusion of a report, commissioned by Philip Morris, who looked at the cost of smoking in the Czech Republic in 1999. They concluded that tobacco can save a government millions of dollars in health care and pensions ... more...

Closing Costs When Buying A Home
Closing costs are often the last thing a person thinks of when buying a home. While closing is the joyous moment the home becomes yours, the costs can be surprisingly aggravating.When you purchase a home, condo or other property, you will go through a period known as escrow. During escrow, various ... more...

Parent Loans or Student Loans What is Going to be Best for My Child?
Parent Loans or Student Loans what is going to be best for my child?At least 20% of college students need some type of loan to help pay for their college education. Such a statistic can lead to students graduating with an unmanageable debt load. An alternative is for parents to help out by taking ... more...

Empty Nesters Flock To Inner City
Babyboomers whose children have left home, commonly known as "empty-nesters" are buying inner city apartments in record numbers.Director of Acton Special Projects, Marc Drexel says the trend is towards quality rather than mass developments."The empty-nest market is growing and expanding with people ... more...

Wedding Loans in the UK - Saving Future from the Present Wedding Expenses
It is wrong if you thought that typical British weddings are starving of novel ideas. In fact, there is a glut of ideas, and each idea sounds as enthralling as the previous ones. The only glitch then is of finance. Had weddings been the be-all and end-all of life, not an iota of concern would have ... more...

Alternative Venture Finance: Federal Grants and Loans
While most companies seeking venture capital initially think about angel investors and venture capitalists, a large alternative source of financing is federal grants and loans. The two largest federal grant programs are run by the Small Business Administration (SBA), and by Small Business ... more...

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