Mortgages are loans which are given by lenders to pay for the purchase of real estate property, and have a specific time period and rate of interest for the payment. The borrowers, who are known as the 'mortgagors', give the lenders, also known as the 'mortgagees', a legal asset as a security against the loan. In Marble Falls, the borrowers may get mortgages either from financial establishments like banks directly, or from individuals who act as mediators between the bank and the borrower.

Mortgages in Marble Falls vary, depending on two main categories: the time period of the loan and the interest rate of the loan. Mortgages may be for 15 or 30 years, as per the time period in Marble Falls. Based on the interest rates, the mortgages are either fixed or variable.

Water, Water Everywhere … Part II

By:  Lee Ann Rush                                                     The topic is water; specifically, its availability to the public in light of Nestle CEO Peter Brabeck’s recent megalomaniacal assertion that people should only have access to water if they pay for it.  In a world where water shortages are reason for concern as demand begins to exceed supply, Brabeck’s plan..