Low mortgage rates fail to move market
What’s the magic number? Three? Two? One?
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Banks or Brokers: Questions You Need to Ask Your Loan Officer
In the wake of the sub-prime mortgage fallout, Congress has pursued and enacted several measures to increase disclosure and reduce the likelihood of being sold a mortgage product that is unsuitable. It seems, however, the action is being misdirected.
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Western Union sets price for notes exchange offer
Payment services company Western Union Co. on Thursday said it has determined the total exchange price in connection with its offer made earlier this month to exchange up to $500 million in 5.4 percent notes due in 2011.
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Smaller Banks at Risk if Commercial Real Estate Falters
Smaller banks will bear the brunt of commercial real estate losses: "Over the last decade, the Wall Street banks sucked up all the credit card and home mortgage lending that used to be the bread and butter of these community banks," Warren says.
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Will you save in the long run? Refinancing 101
Today’s low interest rates may look tempting, but how do you know if refinancing is really worth it? The ABCs of refinancing include knowing how to shop for a deal, knowing what to expect in closing costs and fees, and being able to figure out if you’ll really save money in the long run. Here’s everything today’s homeowner needs to know to take advantage of record-low interest rates.
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