By vanko on July 6, 2010
Today, your credit score will mean everything in your life. It is something that creditors and banks will base on whether you are worthy to get approved for the loan you are applying for and it is also something that will determine your credibility to certain employers and also to landlords.
If you have a good [...]
Posted in Banking, Credit, Debt Consolidation, Finance, Loans, Mortgage | Tagged credit repair, Your Credit Score
By CarolBell on April 7, 2009
Perhaps you have decided that internet banking is something you want; now, you have to get set up so that you can start using online services. There are various ways to get started. But it all depends on the internet service provider you are going to use. It is a simple process if you register [...]
Posted in Banking
By kigray on April 7, 2009
Mortgage Rates were already at all time lows last week. This week they fell further. The 30 year rate fell from 4.85 to 4.78. The 15 year rate fell as well going from 4.58 to 4.52. The difference between the 30 year fixed and the 15 year fixed is the [...]
Posted in Banking
By kigray on April 7, 2009
Following the release of the government’s plan to buy toxic debt from banks mortgage rates fell to new all time lows. The 30 year rate fell from 4.98 to 4.85 this week. This is .11 points below the previous all time low of 4.96 that was reached on January 15, 2009. Below [...]
Posted in Banking
By fathertime on April 3, 2009
First of all, what is money? Money is nothing more than a medium used to exchange for goods and services.
Initially, it was an actual receipt for an amount of gold that people stored with the towns goldsmith. Money is also called fiat, which in the Blacks Law [...]
Posted in Banking
By kigray on March 31, 2009
The term “toxic assets” is tossed around quite a bit these days, especially now that the Treasury Department has announced plans to buy up U.S. banks’ bad assets to the tune of $1 trillion dollars (more on that in a minute). Terms like toxic assets have become common place, like the terms mortgage meltdown, [...]
Posted in Banking
By kigray on March 30, 2009
30 year mortgage rates dropped below 5% for the second time this year. It was also the second lowest rates posted by Freddie Mac in the last 40 years (the lowest being 4 weeks ago). Rates hit 4.98 this week close to the all time low of 4.96 that was reached on January [...]
Posted in Banking
By jillb on March 26, 2009
Imagine the American real estate market has just sustained a level five hurricane and is currently in grave danger of being washed away, leaving behind carnage and debris. The floods waters are rising, but there is hope that help is on the horizon. Is it enough just to pluck the survivors from the [...]
Posted in Banking
By artgib on March 25, 2009
With the recent problems on Wall Street and the major problems facing the big bank bailout, you might be shopping around for a new banking solution. And, even if you are happy with your bank, it is a good idea to keep your eyes and ears open for banks that might offer better incentives so [...]
Posted in Banking
By kigray on March 20, 2009
CNN’s Ali Velshi and Erica Fink recently did a comparison of what they considered to be five key measures of the economy. Using what they call the “CNN Real Feel Economic Index,” they looked at jobs, personal income, personal savings, industrial production, and home prices.
According to Velshi and Fink, “the U.S. economy, more so [...]
Posted in Banking
