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Wednesday, July 31, 2013

Refinance and Save! Rates as low as 2.93% APR*

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ACT NOW REFI RATES ARE ON THE RISE
2.93% APR*
30 yr. FIXED<<< 15 yr. FIXED<<< 5/1 ARM<<<

A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. However, the word mortgage alone, in everyday usage, is most often used to mean mortgage loan. The word mortgage is a French Law term meaning "death contract", meaning that the pledge ends (dies) when either the obligation is fulfilled or the property is taken through foreclosure.[1] A home buyer or builder can obtain financing (a loan) either to purchase or secure against the property from a financial institution, such as a bank or credit union, either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. In many jurisdictions, though not all (Bali, Indonesia being one exception[2]), it is normal for home purchases to be funded by a mortgage loan. Few individuals have enough savings or liquid funds to enable them to purchase property outright. In countries where the demand for home ownership is highest, strong domestic markets for mortgages have developed.
The Senate roundly rejected a proposal Wednesday to redirect aid for Egypt into bridge-building projects in the U.S. after a potential Republican presidential candidate and tea party favorite challenged the Obama administration's refusal to label the ouster of Egypt's president a military coup.Sen. Rand Paul of Kentucky's amendment to next year's transportation bill would have halted the $1.5 billion in mainly military assistance the U.S. provides Egypt each year.He cited the U.S. law banning most forms of support for countries that suffer a military "coup," a determination the administration has said it won't make about the Egyptian army's July 3 ouster of the Islamist President Mohammed Morsi. And he invoked U.S. infrastructure shortcomings as well as Detroit's bankruptcy and Chicago's violence to make his case for the money to be put back into the domestic economy."Our nation's bridges are crumbling," said Paul, who has previously failed in attempts to cut U.S. support programs for Egypt, Libya and Pakistan. "I propose that we take the billion dollars that is now being illegally given to Egypt and spend it at home."The Senate voted 86-13 against the measure, the first to be proposed in either chamber of Congress since the army arrested Morsi, suspended the constitution and cracked down on the Muslim Brotherhood. A series of deadly protests have taken place since in what was once Washington's strongest ally in the Muslim world, but wh
to the dawn of the space age with Mercury, Gemini, Apollo and space shuttle missions.While technology drove much of the suit design to maintain an airtight barrier to the vacuum of space and to protect from solar radiation, fashion aesthetics of the time also played a role, Lewis said. The original Mercury seven astronaut suits were unique from all others with a silvery coating to introduce America's space explorers to the world."NASA had a demand to create the astronauts into a whole new corps, a non-military corps. So here was an opportunity to dress them in a new uniform ... that evokes sensibilities of that Buck Rogers imagination," she said. "All of these guys, the engineers, they grew up on science fiction. They fed it with their ideas, and they were consumers of it at the same time."Curators are working to find ways to preserve spacesuits because some materials are decomposing, discoloring or becoming rigid some 50 years after they were created.The spacesuit show is traveling to 10 cities, moving next to Tampa, Fla., Philadelphia and Seattle through 2015.VIDEO: Russian Rocket Explodes on Live TVTwo companion exhibits at the National Air and Space Museum also highlight 50 artworks of about 550 new items added to the Smithsonian's growing space art collection over the past decade. They include portraits of astronomer Carl Sagan and astrophysicist Neal deGrasse Tyson, and a photograph of first female shuttle commander Eileen Collins




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