Interest Rates Drop Again…

Everyone keeps saying that it’s the perfect time to buy, home values are dropping, rates are low, the time is now. I have people that call every week for mortgage rates, they keep hoping the rates will continue to drop. Remember, banks make money off loans, there is a point where banks cannot lower rates any [more...]

Date: 2009-01-16 01:53:45

Blog posts (33) | Videos (83)
 

Six Fed Banks Sought Sharp Rate Cut

The size of the Federal Reserve’s interest-rate reduction last month surprised markets ... banks, which make direct loans to commercial banks in their districts, vote periodically on where ... , Minneapolis and San Francisco — voted December 11 to lower the discount rate (for direct Fed lending [more...]

Date: 2009-01-13 11:24:00

Debt Management Programs– best way to get out of debt.

A debt management program collectively takes all the loans of various amount and interest rates and forms into a new loan which is released to you. After that, only a single installment is required to be paid every month on a fixed rate of interest. This process is known as debt consolidation. Usually, debtors opt for bill consolidation scheme from the fear of bankruptcy. The problem originates with the use of many credit cards or taking multiple loans from various banks for personal or investment purposes. [more...]

Date: 2009-09-08 05:51:11

Fast Cash

Many people nowadays, especially because its the holidays, find themselves strapped for cash. My friend John had to take payday loans in order to pay off his debts. What he did ... track of his payable and its charging lesser interest rates than the bank. Anyway, loans or fast cash [more...]

Date: 2008-12-07 08:07:39

Great Importance of Credit Protection for Your Identity

by Jean Nicholson There have been a lot of misconceptions about credit protection which is a grave blunder! Many people believe that this is only for those who have financial problems. In reality, the people who have no financial liabilities are more vulnerable targets of identity theft. A person who does not have any existing record of accountabilities has high credit rating and certainly qualifies for loans or credits. In rare cases, banks do ocular inspections. [more...]

Date: 2009-09-29 20:13:09

Los Angeles Mortgage Rates Report: January 14, 2009

The US Treasury Department has been supporting the mortgage bonds market, in order to keep mortgage rates under 5% ... the “flow” of mortgage loans.  The big banks, like B of A, Citi, and Wells, loan direct or buy loans ... t have the horses to ride since they laid off so many workers in 2008. 2- Greed:  Lenders typically made a loan [more...]

Date: 2009-01-14 06:35:15

ARM TWISTING NOT UNDERWRITING

I'm not surprised politicians are exasperated with the banks' apparent reluctance to lend money to consumers and businesses at “reasonable” rates ... s announcement of a pale imitation of a Tory scheme for taxpayers to underwrite bank loans to try and increase the amount of lending.Mind you, talk of the government stepping in to underwrite bank loans [more...]

Date: 2009-01-14 22:23:00

Things I Learned When I Refinanced My Home

Some days I feel like a home refinancing expert. I’ve refinanced my home twice in the last three years to take advantage of attractive interest ... , I called my local banks, credit unions, and savings and loan companies. I also checked interest rates ... to the interest rates on many credit cards. In addition to looking for a lower interest rate, people [more...]

Date: 2009-01-15 01:31:07

Home Prices May Be Nearing Bottom, Bank Equities to Follow?

I remain optimistic that housing is nearing a bottom ... traffic. Add to the fall in prices, the recent sharp reduction in 15 and 30 year mortgage interest rates ... news about loan losses. In my judgment, most banks in the US have been trying to get out ahead [more...]

Date: 2009-01-14 07:24:00

Do you want to purchase a new flat screen and postulate 10000 dollar

A moneylender in East Providence Rhode Island or so can have a total different actual rate for a 5000 dollar money loan then a merchant bank in ... nooit zo eenvoudig geweest. Haal snel een andere auto met bkr toetsing zonder lenen, 232653 euro ... that offers you a credit loan. That’s the reason why now you need to investigate and experience [more...]

Date: 2009-01-15 21:18:31

Mortgage rates slide under 5%

Rates on 30-year fixed-rate loans fell across the country for the week ended Thursday to an average of 4 ... Altman, a partner with WestCal Mortgage Corp. in Orange, said homebuyers with good credit and a 20% down ... brokers; could lay off 100 Bad bank assets must be dealt with, Fed chief says O.C. distressed homes [more...]

Date: 2009-01-15 22:02:07

Why stop with capping payday loans? Banks are just as bad.

Obviously, banks have better lobbyists than payday lenders, why else can someone who has no problem charging $37 ... than $300, yet, credit card balances can be several thousand dollars. Which is worse, missing a payment on a credit card and having your interest rate go from that low intro rate of 15.9% to 29 [more...]

Date: 2008-06-07 13:02:45

European Central Bank cuts key rate to 2% - MarketWatch

England and no interest loans, I think they just got a bit closer to that. But remember, it’s not going to happen in the United States! Tom Post from: Straight Talk About Mortgages and Real Estate [more...]

Date: 2009-01-15 13:30:24

ScamBuster 264

Are you in any financial problem? do you need a loan to apy off your bills? if yes!!! we offer out personal/ business loan at a rate of 2.50%. contact us email: info.bettyloans@gmail.com for info. HELP STAMP OUT THESE SCAMS BY LINKING TO THIS BLOG SELL YOUR PHOTOS ONLINE The Access Bank UK Limited 4 Royal Court Gadbrook Park Northwich Cheshire CW9 7UT Attn: Payment Notification, This is to bring to your notice that I have paid for the re-activation fee and the delivery of your ATM. [more...]

Date: 2009-09-04 07:25:50

Eliminating Debt in 5 Easy Steps

by John Major It is unfortunate that in today’s economy, debt rules all. From the deepest spots of our wallets, we have charged ourselves to the point of no return. The commercials and ads promising a better car, newer home and more of this and that are all based on lines of credit and bank loans. Our children have been raised in this economy where paying for something means a monthly payment and a low or high interest rate; this is why debt elimination is needed. [more...]

Date: 2009-09-24 11:39:25

Wednesday Options Update: WFC, HBC, MON, FDO

Wells Fargo & Co. (WFC) – Banking stocks took a punch in the gut when Oppenheimer’s rather accurate banking analyst forecast further loan loss ... . Included in the dispatch was Wells Fargo, but as if that wasn’t enough, ratings agency Moody’s cut its senior debt rating based on indigestion of Fargo’s acquisition of Wachovia last year, which might [more...]

Date: 2009-01-07 17:59:15

When Banks Increase Profits In A Falling Market

While we have all seen the headlines about debt problems in the UK, falling house prices, etc, you would have thought that the banks would be struggling to make money.  Think again! The only real way in which banks can lose money, from their traditional banking operations, is by writing off bad debts.  You may find this a little curious because surely as interest rates fall, their profit from each loan, each mortgage  and other instruments will fall – not always. [more...]

Date: 2009-09-25 02:04:09

Wednesday Options Update: WFC, HBC, MON, FDO, LAMR

Wells Fargo & Co. (WFC) – Banking stocks took a punch in the gut when Oppenheimer’s rather accurate banking analyst forecast further loan loss ... . Included in the dispatch was Wells Fargo, but as if that wasn’t enough, ratings agency Moody’s cut its senior debt rating based on indigestion of Fargo’s acquisition of Wachovia last year, which might [more...]

Date: 2009-01-07 18:41:15

Corporate banking - a new phenomenon of new socio economic global order

Corporate banking consists of simple business of issuing loans to more complex matters, such as helping minimize taxes paid by overseas subsidiaries, managing changes in foreign exchange rates, or working out the details of financing packages necessary for the construction of a new office, plant or other facility. In many cases, there is an overlap between corporate banking and capital markets. [more...]

Date: 2009-09-29 12:19:39

The Mission: CD Rates California, Mission Bank

Choosing a savings plan that makes sense for you and your lifestyle can be a difficult task ... , certificates of deposit, credit cards, and business, agricultural, commercial real estate, construction, residential, and consumer loans.  It also provides credit card processing services to area [more...]

Date: 2009-01-15 05:21:10

The Guillotine Falls In Many Different Ways

The San Francisco Chronicle reports from California ... that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates [more...]

Date: 2009-01-07 17:47:43

US Interest Rates Zero to 0.25% and soon 4.5% US mortgages

Hale Bonddad Steward at Huffington Post has a lot of charts that show the bad financial situation ... to refinance a mortgage at 4.5%. The Fed and the Treasury appear ready to start buying up large quantities of securities -- government debt, mortgages, commercial loans, even stocks -- from banks [more...]

Date: 2008-12-16 20:29:22

start with the indictments

the ramifications of the points made in this interview with structured finance guru janet tavakoli are profound ... and investment banks were not at all duped by rating agencies -- indeed, they knowingly exploited the conflicted interests and moral weakness of those agencies to sell trillions of loss-making loans [more...]

Date: 2009-01-09 14:03:00

The Fed Should Buy Down Consumer Credit Card Rates - Fast

Lets say I owe the bank behind my credit card  1k dollars and Im paying  10pct interest because the best I can do is a little bit more than the ... that I have my credit card  with and charge it 5pct plus some warrants to in turn loan that money back ... with to help save people’s homes, are many of the same banks that are pounding credit card holders [more...]

Date: 2008-10-24 23:38:36

Automaker Bailout? Sure. Bank Bailout? Let Us Get Back to You.

In America, everyone is equal. But some bailouts are apparently more equal than others ... industry at below-market prices. The $25 billion bailout loan to the automakers was signed ... interest rates, which intensifies the cash shortage. Still, every student of finance is familiar [more...]

Date: 2008-10-01 16:04:45

Payday lender can't charge 365% loan rate in NH

Associated Press - January 6, 2009 3:15 PM ET CONCORD, N.H. (AP) - New Hampshire's banking commissioner has denied a payday lender's request to charge 365% interest on open-ended lines of... [more...]

Date: 2009-01-06 20:40:33

Mortgage refinancing skyrockets

With U.S. mortgage rates the lowest in 30 years, local lenders say they’ve seen a strong surge in loan applications as homeowners seek to refinance their mortgages in Greater Cincinnati and Northern Kentucky. From the largest commercial banks ... percent for a 30-year, fixed-rate mortgage with no points, according to data from the Cincinnati [more...]

Date: 2009-01-06 06:58:34

Unbiased Road Map to Free Credit Report: Ordering Your Free Credit Score

Your credit rating is basically accurate picture of your bank account and in many cases your net worth ... state of the economy, a good credit score is more important than ever before. Getting a loan [more...]

Date: 2009-01-07 01:46:13

Pay Option ARMs - The Implosion Is Still Coming Despite Low Rates

Mr Mortgage is a 20-year mortgage banking veteran, specializing in wholesale and correspondent sales and sales/operations management and bringing ... . The broad failure of this loan type will have severe consequences on already depressed CA real [more...]

Date: 2008-12-24 14:00:38

Rain City Mortgage Rates

Just a reminder that next Thursday is Thanksgiving and banks will be closed.  Our office will be closed until Monday, December 1, 2008 ... a mortgage with loan amounts of $417,001-$567,500 by the end of the year, please check ... that segment in advance of new loan limits.  It’s an odd limbo time for lenders as they try to wrap [more...]

Date: 2008-11-21 22:37:18

Payday lender asks NH OK on high-interest loans

Associated Press - December 29, 2008 4:35 PM ET CONCORD, N.H. (AP) - A payday lender that says it can't make enough money under a new interest rate cap in New Hampshire now wants the banking... [more...]

Date: 2008-12-29 22:03:05

The Euro resumed its downward momentum against the majors yesterday in the build up to the ECB interest rate announcement and press conference

The Pound rebounded against the majors yesterday, rising to a high of 1 ... of loans to companies as European leaders acknowledged the failure of bank bailouts and spending plans ... a direct role in monetary policy through so called "quantitative easing", where authorities pump money [more...]

Date: 2009-01-15 09:32:50

Help Available For Homeowners; Home Loan Modification Plans

by J. Ochs In the United States right now, foreclosure rates are higher than they’ve ever been. Homeowners are literally fleeing their homes and letting the banks deal with what they leave behind. Since banks are in the banking business and not the real estate business, they don’t really want the houses back [more...]

Date: 2008-12-30 16:22:00

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