Mortgage brokers are licensed financial professionals that help homebuyers navigate the homebuying process more smoothly by gathering documents for loan submission, pulling credit reports and verifying income and employment. Mortgage brokers work directly with both borrowers and lenders to make sure loans c...
In the meantime, the Federal Reserve, in lowering mortgage rates through the purchase of long-term Treasuries and mortgage-backed securities (MBSs), is specifically seeking to inflate just one type of asset class and hope that buoys the entire economy. The problem is, any action that increases ...
On the plus side (1) according to Freddie Mac mortgage interest rates have declined from 7% in January to 6.64% currently; (2) the Bureau of Labor Statistics announced that 228,000 jobs were added in, March, which was a stronger result than anticipated; (3) automakers GM and Nissan annou...
they truly are a scam and on the buyer top they most likely violate RESPA to boot. The vendor front is just as crappy; the fresh listing agencies know that it get money perhaps the house sells or otherwise not, so that they buy the checklist...
In 2009, Max Keiser warned interviewed the Bundesbank and uncovered the fact that much of (if not most) Germany's gold resided in NYC. Well, now as this information has become mainstream, the Bundesbank has announced that it is repatriating much of their gold to national lands, under a st...
Should I lock in my 30-year mortgage rate? That is dependent on your situation.There's no way to know which way mortgage rates will be trending at any given time, but if you're satisfied with the rate you've been offered, it can...
Should I lock in my refinancing mortgage rate? While a rate lock can be great protection from rising interest rates, it can also be a negative if rates fall before you're set to close. Unless your rate lock has a provision called a "float-d...
(35.2% versus 27.3%). Poverty rates for both age groups fell until 1973, when the trends in their poverty rates diverged. The child poverty rate increased from 14.4% in 1973 to 20% in 1981, and did not fall below 19% until 1998. Child poverty in 2012 and the preceding two years ...
Personal loan interest rates The federal funds rate influences personal loan rates, but it's not the be-all and end-all.Lenders also take broader factors into account like inflation, loan delinquencies, Treasury yields, and more. Your situat...
Decisions from the Federal Reserve can have a big impact on interest rates. If it cuts the federal funds rate, this has a knock-on effect on other interest rates for both savers and borrowers. Interest rates can also rise or...