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Category: Uncategorized

Rates on Mortgages Drop To Nearly Record Low

October 2, 2009December 27, 2016 Isaac Lewis

Rates on a 30-year mortgage dropped to 4.94%, which is not the lowest we have seen in mortgage rates this year, but it may be enough to entice people into refinancing or even buying.It has been reported that the low Read more

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GM Talks With Penske Fail, Saturn to Shut Down

October 1, 2009December 27, 2016 Randell Jenkins

GM was reported to be on the verge of reaching a deal with Penske Automotive Group earlier this week but as it looks now Saturn will be shut down. Some models will continue to be made through 2011, but overall Read more

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SEC: Dell Deal brings Insider Trading

September 24, 2009December 25, 2019 Isaac Lewis

The Securities and Exchange Commission keeps tabs on the business practices of our nation and basically polices against unfair and sudden gains of wealth at the expense of others or through shady practices. A number of people, even high profile Read more

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September 2009 Unemployment Claims: Less Than Expected But Is It Good News?

September 24, 2009December 25, 2019 Isaac Lewis

Economists predicted September unemployment claims to be on the rise again this week but were surprised to find the numbers going down rather than up. The reported number of unemployment claims is said to have fallen by 21,000 last week Read more

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FDIC: No Good Deed Goes Unpunished

September 22, 2009December 25, 2019 Isaac Lewis

The FDIC has swooped in to rescue many failed banks over the past months and has fought to keep the bank runs made on many institutions from driving the economy into a depression. However, the rate at which the banks Read more

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Recent Data From HAMP On Homeowner Bankruptcy Shows Increases For Homeowner Seeking Aid

November 7, 2007December 27, 2016 Randell Jenkins

Homeowners who have been looking for assistance from HAMP are not always in a position where they have been able to avoid problems that have arisen and successfully take advantage of mortgage payment assistance, which have led some to file Read more

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