dcsimg

Spread the Word About the First-Time Home Buyers $8,000 Tax Credit

March 31, 2009

The government has been helping out banks, mortgage lenders, and insurance companies with huge bailouts and federal assistance. Many people are waiting for the benefits to trickle down to them from the government’s big spending program.  While that wait could be long, there was a major move by the Obama administration to directly help Americans [...]

Share this article with:

Distinguishing Debt Consolidation From Debt Negotiation

March 30, 2009

Recently, the Better Business Bureau issued a news release detailing the growing concern of misunderstandings surrounding various debt companies. In particular, the article specifies key differences between debt consolidation, debt negotiation/settlement, and debt elimination. As many individuals continue to struggle with debt in this tough economy, it is important that consumers understand the critical differences [...]

Share this article with:

Mortgage Refinancings Take Off as Fixed Rates Fall Below 5%

March 25, 2009

The Federal Reserve has handed the American homeowner a gigantic gift. The Fed pledge to buy over $1 trillion of mortgage securities has provided ample support to the troubled mortgage security market. Fixed rates on mortgages have now fallen below 5% with Freddie Mac’s weekly survey of lenders reporting a national average of 4.98% on [...]

Share this article with:

Where Will Mortgage Rates Go?

March 17, 2009

Mortgage rates have held steady since the Treasury Department and Federal Reserve publicly backed supporting the mortgage industry. The most recent survey of mortgage lenders conducted by Freddie Mac indicated that the national average on fixed mortgages is 5.03% for the 30-year loan and 4.64% for the 15-year loan.  Although qualifying for a mortgage loan is more difficult than [...]

Posted in Mortgage | 0 Comments

Share this article with:

Finding A Debt Consolidation Loan Online

March 11, 2009

Debt consolidation is a term that scares many Americans. Nobody enjoys opening up all their finances to a stranger. Even worse we are deluged with confusing debt consolidation commercials on the radio, TV, and online making it unclear if this is an industry out to help consumers or trying to take advantage of consumers in [...]

Share this article with:

Obama Mortgage Plan Will Provide Relief to Millions of Americans

March 4, 2009

The primary goal of President Obama’s Mortgage Relief Plan is simple. Keep Americans in their homes. To this point the Treasury Department has issued formal guidelines to lenders to restructure and rewrite loans for homeowners at risk of foreclosure. The precipitous fall in home prices in the United States has left close to one out of five 5 [...]

Share this article with: