Articles in 'Credit Issues' Category

Andrea Coombes’ Ways and Means: With interest rates low, do annuities make sense?

from Moneywatch Personal Finance
 
Investors approaching retirement and worried about the negative effect of a volatile market on their savings might want to give annuities a closer look — even though ultralow interest rates currently make that purchase a tough decision.
 

N.Y. sues banks over mortgage database: reports

from Moneywatch Personal Finance
 
CHICAGO (MarketWatch) — The state of New York is suing Bank of America Corp. , Wells Fargo & Co. and JPMorgan Chase & Co. , claiming that they made fradulent use of an electronic mortgage database, according to published reports Friday. Attorney General Eric Schneiderman said the database, known as the [...]

The best cities for job hunting

from CNN Money Personal Finance
 
FORTUNE — Dear Annie: I just got a pink slip from the bank where I’ve worked as a marketing director for the past 12 years, and which is now undergoing a total restructuring, so I’m pondering what my next move should be. Opportunities are limited in the smallish East Coast city [...]

Mortgage rates hit another new low

from CNN Money Personal Finance
 
Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.
 

Mortgages: Mortgage rates fall once more to record lows

from Moneywatch Personal Finance
 
Mortgage rates hit record lows this week, after growth in the economy fell short of expectations, Freddie Mac’s chief economist said on Thursday.
 

Avoid the Facebook IPO

from Dave Ramsey News
 
Anton is debt-free and has $10,000 in the bank. He’s considering taking part of that and investing it in Facebook when Facebook goes public. Dave thinks a single-stock investment is a bad idea.
 

Don’t rush into REITs

from CNN Money Personal Finance
 
You’d think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven’t grown at all in four years. And given the possibility that the global economy may retrench yet again, [...]

Obama proposes home loan refinancing plan

from CNN Money Personal Finance
 
President Barack Obama proposed a plan aimed at helping millions of homeowners refinance their mortgages to today’s historically-low rates. To pay for it though, he’ll need $5 billion to $10 billion.
 

Obama pressures Congress to take up refi plan

from Moneywatch Personal Finance
 
The White House on Wednesday begins to sketch in details of President Barack Obama’s State of the Union pledge to craft a plan with Congress to give homeowners a chance to refinance at historically low interest rates.
 

That car is now mine!!

from Dave Ramsey News
 
Around a year ago, I wrote and told you I had finally kicked Sallie Mae to the curb. Well I’m happy to say Sallie now has some company because today I paid the last bit of my car loan off. I did it while at work using on line banking. So what [...]