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2nd Mortgage Rate

2nd Mortgage Rate August 12th, 2008 Subscribe To Our Feed Do you own a home? ... . Applying for a home equity loan can be quick and painless. Even with bad credit, it may still ... or to purchase a car? Right now, mortgage rates are at the lowest they have been in decades [more...]

Date: 2008-08-12 14:23:58

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Mortgage Market Update: Version 1

Hey guys. Sorry for the delay in posts, this week has been absolutely hectic and I’ve had no time at all to take a step back and take a breather ... to you by your lender of choice. Obviously if you have bad credit and are looking for the maximum amount of financing ... market, banks will not offer as much equity out of borrower’s homes in a refinance tran [more...]

Date: 2008-08-22 20:15:47


The Fannie/Freddy bailout

It’s almost as if the feds are trying to flush the economy down the crapper ... holders of U.S. Treasury bonds. -Higher rates are bad for anyone with a mortgage, credit card debt, a home equity loan, a margin account, etc. -Higher rates also increase the government’s debt burden [more...]

Date: 2008-07-15 01:21:54


'Too Much House' Buyers To Be Rewarded?

The Treasury and FDIC are considering a plan to guarantee about $500 billion of bad mortgages in an attempt to reduce the total number of ... , and not their ability to afford the home. If homeowners also took out a home equity line of credit, no problem ... as 3 million loans into ones that homeowners would actually be able to afford (imagine that). In [more...]

Date: 2008-10-31 15:51:36


E*Trade on the Brink - Seeks $800 Million from TARP to Stay Solvent

Battered E*Trade banking on government fundsFri Nov 21, 2008 5:15pm ESTBy Jonathan SpicerNEW YORK (Reuters) ... U.S. government funds that would bring some relief to its book of bad mortgage loans.Shares ... situation. E*Trade Bank offers credit cards, savings and checking accounts, and mortgage and home equity [more...]

Date: 2008-11-22 21:26:00


Spending habits: Do as I say, not as I do

Shopper_2 Crushing mortgage payments, rising foreclosures and living off home equity lines of credit and plastic are all examples of how Americans have let their spending get out of hand, but most bad habits start small. An Associated Press ... . But more importantly they can compare how much it would have cost if they put it on a credit card, [more...]

Date: 2008-11-05 01:31:43



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