Latest News in Mortgages and Home Loans- Feb 16, 2010
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Refinance, Pay Down Debt While Interest Rates are Low
Right now, interest rates are near record lows. The Fed funds rate is extremely low right now. The Fed has made noises about a new benchmark, rather than the Fed funds rate, but either way, things could be changing toward the end of 2010 and the beginning of 2011. Last quarter’s GDP data made it [...]
Payment Priorities: Are You Making Mortgage Payments?
In these economic times, many people are wondering what they need to do in order to make sure that they can pay their most important bills. It is prudent to make sure that you can afford your mortgage payment before you buy. And you should carefully consider your options before you buy a home. However, [...]
Celebrating Valentine?s Day on a Budget
In today’s economy, it can be a little daunting to try and celebrate Valentine’s Day. Just make sure that you are thoughtful and kind, and you will find that money isn’t as big a consideration.
Mortgage Applications Drop
In spite of the fact that the home buyer tax credit has been extended and expanded, mortgage applications are dropping.
Book Review: Boosting Your Financial IQ
If you are concerned about your financial IQ — how you deal with money — you might consider doing a little more reading on the subject. One place you can start is with The Complete Idiot’s Guide to Boosting Your Financial IQ by Ken Clark.
Guest Post: When Settling Your Taxes for Less is an Option
This is a guest post from Manny Davis.
You’ve probably heard about settling taxes owed for a fraction of what is owed or for pennies on the dollar. This may sound almost too good to be true, but there actually are instances where the IRS will allow individuals to pay less on their taxes than they [...]
Are You Ready for Tax Season? Tax Prep Checklist
It’s February. Do you know where your tax information is?
Even though it is still a couple months until April 15, it really is a good idea to get your tax stuff done as soon as possible. Indeed, February is a great time to get out the financial checklist and make sure that filing your [...]
Initial Unemployment Claims Rise
It’s getting harder to keep things going in terms of jobs right now. After yesterday’s private sector report, today saw a report showing that initial unemployment claims are up.
Job Situation Remains in Doubt: ADP and Challenger Reports
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One of the main focuses of the economy is the jobs market. This is because it is difficult for the housing market to recover when there are large numbers of people who cannot afford to make their mortgage payments, or have the income required to buy homes. Unemployment also affects consumer spending, which [...]
Why Now Might Be Just the Time to Refinance
Mortgage interest rates are low, and they may not be this low again any time soon. As a result, it might be the time to refinance.
Bills.com recently sent me an email offering insight into 5 reasons why now might be a good time to refinance. Here is what the email pointed out about the current [...]
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