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Home Loan Modification Scams Banned by the Federal Trade Commission?

Home loan modification scams have been all too common in the United States during the current recession.  The head of the Federal Trade Commission has said that he is considering a ban on up front payments to companies that are advertising services to help home owners with their loan modification.  Government officials has said that [...]

Constitution Day Tribute – Preamble to the Constitution

Today is Constitution Day so we are showing tribute by posting the Preamble to the Constitution. “We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our [...]

Mortgage Interest Rates September 17 – Home Loan Rates Drop

Mortgage interest rates for September 17th, 2009 are at 4.97% for the 30 year fixed rate mortgage.  Home loan rates continue to drop as the 5/1 ARM falls to 3.89%.  On a side note, the 15 year fixed rate mortgage is up to 4.5% which is a slight jump from yesterday.  Average 30 year fixed [...]

Home Mortgage Loan Rates – Interest Rates Continue to Drop

Home mortgage loan rates continue to drop through the middle of September.  Mortgage interest rates are very close to all time lows and those levels could be taken out in the very near future.  The Federal Reserve Bank has worked extremely hard to keep interest rates low and it is paying off.  Mortgage interest rates [...]

FHA Loan Rates – Refinance Your Mortgage Under 5%?

FHA loan rates have continued to drop as average mortgage rates broke 5% earlier this week.  We have seen 30 year fixed mortgage rates around 5% for quite some time but the 5% floor continued to serve as a point of support.  Last weekend and earlier this wee we saw mortgage interest rates go all [...]

Daily Mortgage Rates – Interest Rates Continue Lower in September

Daily mortgage rates have remained up 5% for the entire summer until recently. In mid September we see mortgage interest rates dropping below 5% for the first time since late May. Over the summer, the 10 year treasury rate yield rolled over from its up trend. Now down trending, this is helping daily mortgage rates [...]

Refinance Home Loan Rates Drop to All Time Lows Soon?

Refinance home loan rates have been around 5% for the entire month of September but we could see a drop to all time lows soon.  The 10 year treasury rate yield is currently down trending after a strong up trend for much of 2009.  The 50 day moving average of the 10 year yield is moving [...]

30 Year Fixed Mortgage Rates – Refinance Rates Below 5%

The average for 30 year fixed mortgage rates continues to drop throughout September. Mortgage refinance rates are currently at 4.96% and have been below 5% for the entire week. Unless we see a strong rally from eh 10 year treasury rate yield it is unlikely that we are going to see mortgage interest rates above [...]

Wells Fargo Mortgage Refinance Rates – Interest Rates Remain Below 5%

Wells Fargo mortgage refinance rates are slowly creeping below 5%.  It took about two weeks for support to be broken but it seems as if mortgage interest rates have broken 5% for a significant period of time.  For the first two weeks of September mortgage rates would drop slightly below 5% and then recover above [...]

Bad Credit Credit Cards – Unsecured Cards with No Fees

Getting a bad credit credit card seems to be all too common for American citizens today.  Many hard working Americans seek an unsecured credit card with no fees.  With the economy taking a turn for the worse in 2006 many people have seen their credit score drop greatly.  Not only does a drop in your [...]

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