How To Renegotiate Your Credit Card Interest Rates To Something Lower

On January 11, 2011 By

According to the Federal Reserve, a credit card balance of $5,000 at 23.99 percent APR won’t pay off for 16,127 years. That’s one reason why it’s important to manage your credit card rates, and renegotiate them whenever possible. Here’s how to do that.

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What’s Ahead For Mortgage Rates This Week : January 10, 2011

On January 10, 2011 By

Mortgage markets gained last week. Demand for mortgage-backed bonds outweighed supply and conforming and FHA mortgage rates edged lower.

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December’s Job Report : Good For Home Affordability

On January 7, 2011 By

For this month — and for the rest of 2011– employment data will figure big in mortgage markets and for home affordability. Today’s release is the first big splash.

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FHA Interest Rate Costs

On January 6, 2011 By

Mortgage rates have been increasingly lately.  While FHA rates are slightly higher, they haven’t been increasing as quickly as conventional loans have been.

The FHA interest rate has settled in near 4.75% lately after tempting the 5% levels.  It has been so volatile lately that many individual days have seen rate swings of that full 0.25%.

Lenders [...]

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Loan Costs Increasing April 1, 2011

On January 6, 2011 By

Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.

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The Fed Minutes Keep Mortgage Rates On Hold (For Now)

On January 5, 2011 By

The Federal Reserve released its December 14 meeting minutes Tuesday afternoon. There wasn’t much there to disturb mortgage markets, thankfully.

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Pending Home Sales Rises To 6-Month High

On January 4, 2011 By

The housing market continues to expand, and surprise.

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What’s Ahead For Mortgage Rates This Week : January 3, 2011

On January 3, 2011 By

Mortgage markets improved last week during a snow- and holiday-thinned series of sessions on Wall Street. This week, it’s back to normal.

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Why You Shouldn’t Put Too Much Faith In October’s Case-Shiller Index

On December 30, 2010 By

The Case-Shiller Index posted awful numbers in its most recent reading. Each of the index’s 20 tracked markets showed home price deterioration between September’s and October’s respective report. Some markets fell as much as 2.9 percent.

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Housing And Mortgage Predictions For 2011

On December 29, 2010 By

With 2010 coming to a close, the “experts” are out in full force, making predictions for next year’s housing and mortgage markets on business television and in the papers.

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