dcsimg

New Credit Card Debt Statistics From The US Treasury

October 28, 2009

As the US economy continues to morph into its new incarnation, the US Treasury issues an interesting report on how Americans are managing their credit card debt.

Share this article with:

Government Offers Variety of Home Loans

October 26, 2009

Government programs provide home loans for first time buyers, borrowers with credit problems and little home equity. There’s even a government mortgage refinance program for homeowners needing to finance major renovation projects.

Posted in Mortgage | 0 Comments

Share this article with:

Saving Face In The Financial Sector

October 21, 2009

Big bank earnings are positive for the first time in several quarters. Banks break their loosing streak and lead stocks into positive territory.

Share this article with:

Rates for 15 year Mortgage Loans Fall Beyond Record Low

October 20, 2009

Mortgage rates for 15 year fixed rate mortgage (FRM)loans have surpassed record lows established during the week of September 17. This trend is great news for homeowners wishing to refinance and/or pay off their mortgages before retiring.

Posted in Mortgage | 0 Comments

Share this article with:

FHA Tightens Underwriting Requirements for Streamline Refinance Program

Homeowners wanting to refinance their  FHA home loans using FHA’s popular streamline refinance program face tighter credit restrictions on applications filed on or after November 17. FHA, which has recently come under legislative scrutiny for falling reserves, is tightening credit requirements in a bid to reduce foreclosure rates for single family home loans.
Highlights of  New Streamline Refinance Requirements
Changes to [...]

Posted in Mortgage | 1 Comment

Share this article with: