Making Home Affordable Modification Program Discussed by Citigroup and GMAC Mortgage at Loss Mitigation Conference
There is very little argument to be made that the Making Home Affordable Modification program has gotten some very bad press. During the first few months of this government assistance program many borrowers and lenders were finding that it was extremely difficult to get home loans into permanent modification status. At a Loss Mitigation conference [...]
US Existing Home Sales Fall in June as Months Supply of Inventory Jumps to 8.9
The National Association of Realtors reports that US existing home sales dropped 5.1% in June to a 5.37 million. This is not a huge surprise as many analysts predicted that the expiration of the first time home buyer tax credit would continue to weigh on existing home sales even though the expiration was on April 30th, [...]
Daily Mortgage Interest Rates for July 22 – Morning Update – Fixed 30 Year Home Loans at 4.36%
Daily mortgage interest rates for July 22, 2010 continue to show that interest rates will remain low for an extended period of time. The morning update is depicting the following for fixed mortgage interest rates on a home loan: 30 Year Fixed Mortgage Rates – 4.36% 15 Year Fixed Mortgage Rates – 3.91% // Historical [...]
Stock Market Performance vs Weekly Unemployment and Jobless Claims – Labor Department Reports 464,000 Today
The initial weekly unemployment and jobless claims data was released this morning and the Labor Department has reported an unemployment claims number of 464,000 which is well above what was predicted around 450,000. Over the last three years the overall direction of the US Stock Market has seen a very strong correlation to weekly jobless [...]
Weekly Initial Jobless and Unemployment Claims Rise to 464,000 – Above Estimates of 459,000
Weekly initial jobless and unemployment claims data has been released and there has been a rise to 464,000 which is higher than the consensus of 450,000. This is also quite a jump from the 429,000 from last week. The data from the previous week included the July 4th holiday which could have provided a backlog [...]
Today’s Lowest Mortgage Interest Rates – July 22 Bank Refinance Rates Drop to New Lows at 4.5%
Today’s lowest mortgage interest rates are currently very close to all time lows as July 22 bank refinance rates are being quoted around 4.5% to well qualified borrowers. It is very important to remember that not all homeowners will be able to refinance at the lowest possible mortgage interest rates. To achieve a very low [...]
Same Day Payday Loans – Cash Money Advance Options for Poor and Bad Credit Borrowers
Same day payday loans offer many poor and bad credit borrowers to gain access to cash money advance options. It is very important to remember that these loan types must be paid in full with the borrowers next paycheck. If the loan is not paid in full it will be the case that the fees [...]
Bank of America Refinance Mortgage Rates – Home Loans Continue to Drop to Lows Below for 30 Year Fixed
Bank of America refinance mortgage rates are, once again, getting very close to all time lows. After the Federal Reserve Bank made the comments that they are going to keep interest rates low for an extended period of time home loans for the 30 year fixed mortgage have dropped to around 4.5%. It is very [...]
Telemundo and NBC Network Look to Cash in on 2010 US Salsa Open in Oakland, California
When it comes to TV ratings in the summer many networks find it extremely difficult to drive audiences to their living rooms. Telemundo and NBC Network are looking to cash in on the first ever Salsa championship event open to the public. The 2010 US Salsa Open championship will begin on July 22nd, 2010 and [...]
Comic Con 2010 Offers Gaming and Comic Book Entrepreneurs a Chance to Exchange Ideas in San Diego, CA
Comic Con 2010 will kick off tomorrow, July 22, 2010 in San Diego, California and it will give gaming and comic book entrepreneurs a chance to exchange ideas. There is little argument to be made the two minds are better than one. Well, at conventions, entrepreneurs have a chance to put thousands of great minds [...]
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