The Federal Reserve says interest rates will not rise anytime soon despite worries from a number of economists. The Federal Reserve has kept interest rates at an all time low in the hopes that it would breathe life into the housing market by allowing homeowners to take advantage of mortgages at a lower interest...
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The loan modification program and the number of homeowners redefaulting are the contrasts as to the success of the program. Many homeowners who have been hit by the recession have benefited from the loan modification program, which is lowering their mortgage payments to 31% of their monthly income, and this program has helped half-a-million...
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Bank of America has announced that it will no longer charge overdraft fees to customer’s who overdraw their account by less than $10 and will give them five days to correct the balance in their account before finally being charged an overdraft fee. There is also a limit on the number of overdraft fees...
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A story that shouldn’t have been given any attention due to its nature has become widely circulated and many believe the Facebook poll, which surveyed if President Obama should be killed is thought to be more than just a survey in bad taste. Some believe that the poll is just bitter politics that was...
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