Author Archive

Mortgage Rates: Average 30-year Fixed Mortgage Rate Is 4.71%; Lending Still Low

12/04/2009
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The average 30-year fixed mortgage rate dropped to 4.71% and has set a new low for mortgage rates. This low rate has opened the door for many who were hoping to buy a home and with mortgage rates at such a low now seems to be a prime time for anyone thinking about buying...
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Google Changes The Way Visitors View Online News Sources

12/03/2009
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Lately, online news sources have attacked Google and charged the search giant with taking revenue and allowing content to be seen by anyone on sites that normally charge to view news. Google has appeased these news sources who have been crying foul and will only allow content from these pay-news sites to be viewed...
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FDIC Reports 25% Of Households Do Not Have Bank Accounts

12/03/2009
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In a report by the FDIC, 25% of households do not have a bank account and seem to prefer payday loans, check-cashing services or pawn shops. Those who fall into this category, according to the FDIC, are mostly minorities or those who are considered poor in relation to their income. Many ideas surround these...
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Posted in Banking/Finance, Business | 1 Comment »

New North Carolina Laws Over Texting And License Plate Frames Go Into Effect

12/02/2009
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A new set of North Carolina laws now ban texting and license plate frames that cover the state name or expiration plate date on the plate. Many people are understandable about the texting ban but others wonder why license plate frames have to go. There are no arguments against texting while driving, as it...
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Job Bill Vote By December 18th As Congress Seeks Unemployment Solutions

12/02/2009
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A job bill is in the works as Congress and the White House look for solutions in the unemployment crisis and hope for a vote by the 18th of December. There is no arguing that the job market is one of the slowest recovering sectors from the recession but it is probably the most...
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COBRA Subsidy Expiration and Health Insurance Benefits Become Bigger Problem For Unemployed

12/01/2009
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The COBRA subsidy and other forms of health insurance benefits are set to expire and raise insurance premiums to levels unaffordable by those still under the plight of unemployment. Many workers who were laid off were still under the COBRA plan, which provided health insurance, but those benefits have come to an end and...
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Posted in Unemployment | 1 Comment »

Home Loan Modification Program Troubles Come From Homeowners

12/01/2009
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The home loan modification program which allows struggling homeowners facing foreclosure to modify their loan and fix payments to a more affordable level is having trouble from an unlikely source: the home owners. Reports are that the homeowners simply aren’t doing their homework, meaning they either are turning in incomplete paperwork or no paperwork...
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Posted in Banking/Finance | 1 Comment »

Microsoft Combats Google On News, Search Market, and ChromeOS

11/29/2009
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Microsoft and Google are reportedly in a war in the online world and there are some huge factors at stake. An article by Newsweek says that Microsoft is combating Google with the news sources the site advertises, the general dominance of Google in the online search market, and over the new operating system Google...
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Cyber Monday Deals and Bargains; Online Sales Compete With Black Friday

11/29/2009
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Cyber Monday is said to be the new Black Friday in terms of bargains and there are some touting Cyber Monday as the avenue through which a major part of retail revenue will be generated this season. There are supposedly deals on Cyber Monday that will last the whole day, offer free shipping, huge...
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Will Google Wave Be Better Than Email?

11/26/2009
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Google Wave is the emerging idea from the Google empire and this new initiative is said to be the one thing that actually has a chance of replacing email. Google has made leaps and bounds in the online world but there are critics that site past failures from Google who believe the Google Wave...
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