Archive for March, 2010

Low Mortgage Rates Make Buying And Refinancing A Home More Affordable—Will Low Rates Last?

03/01/2010
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Low mortgage rates have been making more homeowners look at their buying and refinancing options on a home.  There have been questions as to if these low rates are going to be around much longer, with talk from both sides of the argument giving valid opinions. Many feel that due to the still-unstable economy,...
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Low Refinancing Rates On Home Loans—Wells Fargo Mortgage Rates Below 5%

03/01/2010
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Homeowners who may be looking to refinance their Wells Fargo home loan mortgage may be looking at a mortgage rate below 5%.  Many lenders are offering low rates on mortgages and refinancing at the present time and Wells Fargo is one lender that has mortgage refinance rates in the upper 4% range for those...
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JP Morgan CEO Jamie Dimon Holds Capital, Waits For Unemployment To Improve

03/01/2010
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JP Morgan CEO, Jamie Diamon says the bank has enough capital on hand to increase their dividend payout, but they are going to hold out for better economic results and the unemployment rate to decrease before making any decisions.  JP Morgan faired well during the recession and is one of the leading banks the...
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Unemployment Benefits Extension In The Senate—What Will The Week of March 1st Bring?

03/01/2010
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Various reports from sources like the Wall Street Journal have stated that the temporary extension of unemployment benefits, which is expected to be a topic picked up again this week by the Senate, will surely pass, despite opposition.  There has been much drama surrounding unemployment benefits over the past weeks and with millions of...
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Posted in Unemployment | 129 Comments »

Bank Of America Home Loan Mortgage Refinance Rates—Will They Stay Low?

03/01/2010
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Many Bank of America homeowners are looking to refinance their home mortgage loan since mortgage interest rates are low, but many people have been delayed in doing so for a number of reasons.  Some homeowners are looking to get a home loan modification, but may be in too good of a financial position to...
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Consolidating Student Loans May Alleviate Debt Faster But It’s Not For Everyone

03/01/2010
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Many students will often walk out of college with some form, or more likely forms, of student debt in the nature of student loans.  Student loans are necessary for the majority of students who desire a higher education but the debt that is carried by college graduates is an unwelcome introduction to the “real...
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Repeat Homebuyer Tax Credit For $6,500 Expires Soon—April and June Bring Key Dates

03/01/2010
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The $6500 repeat homebuyer tax credit was extended last year, along with the first-time homebuyer tax credit, but both will expire this year and there are key dates coming in April and June that potential homeowners should be aware of if they are looking to take advantage of either tax credit. Homeowners looking to...
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Posted in Banking/Finance | 1 Comment »

Are Credit Unions And Community Banks The Best Places For High Interest Checking Accounts?

03/01/2010
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Many people are looking for a high interest checking account in the hopes that they may be able to earn a little extra on their money.  This only makes sense for anyone who has any type of banking account as the money deposited into a bank is used to make the bank money, so...
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First-Time Homebuyer Tax Credit Extension To Expire In April 2010—Homebuyers Must Be Under Contract

03/01/2010
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The $8,000 first-time homebuyer tax credit program was extended in 2009 but is set to expire in April of 2010.  Homeowners who are looking to take advantage of this tax credit must be under contract on a home by April 30th 2010 in order to qualify and they must then close on the home...
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Posted in Banking/Finance | 1 Comment »