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.
Articles in 'Interest Rates' Category
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 [...]
We are attacking our $703,000 debt witha plan
from Dave Ramsey News
I always thought we are very responsible people since we have no credit card debt, no student loans, no car payments and no equity line of credit. The only debt is our mortgages from three properties, of which two of them are rentals. We never really considered them as “debt”, until I [...]
Become your kid’s mortgage lender
from CNN Money Personal Finance
Between slumping prices and low mortgage rates, it’s a good time to look for real estate bargains. But thanks to tightened lending standards, legions of young would-be homebuyers aren’t exactly in a position to take advantage of the opportunity. That’s where their parents come in: One in three first-time buyers received [...]
Robert Powell’s Your Portfolio: Investing for short-term risk of deflation
from Moneywatch Personal Finance
The change in demand for banks loans by businesses has investment experts now saying that the long-term risk of deflation is minimal, but the short-term risk is not. Here’s how to invest accordingly.
Jeanette Pavini’s Buyer Beware: Jobless grads rap Sallie Mae over loan fee
from Moneywatch Personal Finance
Stef Gray is spearheading an effort to get lender Sallie Mae to stop charging unemployed borrowers a fee to defer student loans — and her petition has more than 75,000 supporters.