Digital News Report – Although the amount of revolving credit is declining, the necessity for a credit card from time-to-time is still there. Americans still need credit cards to rent cars, reserve…
Author: Tina Brown
Bay Area Commercial Real Estate Market Forecast
Digital News Report – A recent report from the Grubb & Ellis Company place two bay area cities in the top commercial real estate markets. The commercial real estate broker placed San…
Personal Loan Rates and Small Business Loans
Digital News Report – Personal and small business loans have been very difficult to acquire during this recession. Despite the low interest rates, customers find it hard to secure financing. Unlike mortgage…
Refinance Interest Rates Decline while Purchase and Refinancing Applications Increase
Digital News Report – Refinance mortgage interest rate are declining but not applications (see chart) The average 30-year refinance fixed rate mortgage fell three points to 4.9099%. The average 15-year rate and…
Credit Cards for Customers with Bad Credit Scores
Digital News Report – Credit scores declined last year and many Americans find it difficult to qualify for a credit card. Although the number of applications sent-out by credit card companies jumped…
Debt Consolidation Loans Popular This Time of Year
Digital News Report – This time of year is busy for banks as borrowers seek debt consolidation loans after the holidays. Travel expenses, gifts and other purchases may be accumulating interest due….
Personal Loan Rates for Good and Bad Credit Customers
Digital News Report – More people are taking out personal loans, according to the Federal Reserve. Personal loans can be secured or unsecured and they include auto loans and other consumer credit….
California Housing Finance Agency Adds New Lenders
Digital News Report – The California Housing Finance Agency is looking for help to stem the slide in home prices. Higher unemployment has prompted the California agency to make some changes. The…
HSBC Bank Refinance Rates
Digital News Report – Today HSBC was offering mortgage refinancing with 30-year and 15-year terms. Refinancing rates may differ from new purchase loan rates. In the case of HSBC, the rates are…
Government Loan Modification Program Wont Work For Everyone
Digital News Report – Although the Obama loan modification program was enacted with good intentions, it isn’t for everyone. According to published information on the Making Home Affordable website, the goal of…