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Wednesday, September 5, 2012

Mortgage Rates Completely remained in place

Mortgage rates were completely unchanged today despite the 3-day Labor Day weekend.  Historically, there has been a fair amount of volatility between the Friday before Labor Day and the Tuesday after.  The fact that today broke with tradition is a testament to the uncertainty facing markets ahead of several key events later this week and next week.  The Best-Execution rate for Conventional 30-yr Fixed Loans remained unchanged at 3.5%.

Tuesday, September 4, 2012

Capital One and ING DIRECT conducted a survey teens about work credit cards

As many as one in four American teenagers don't know the difference between a debit card and a credit card, according to a survey commissioned by ING DIRECT USA and its parent company, Capital One. 24 percent of respondents told researchers that they thought spending money with a debit card involved borrowing a bank's money instead of using their own cash.

Monday, September 3, 2012

Your children need in credit cards?

Odds are, your little ones have no idea what a Visa, Discover or MasterCard credit card is, much less know how to use it, right?

Well, if your little one is Suri Cruise, she not only knows how to use a credit card, but she has her very own card with her very own name. At least, that’s what’s being reported today.

Friday, August 31, 2012

Q2 Mortgage Banking Profits surge, during the second quarter of 2012

Mortgage bankers saw their profits surge during the second quarter of 2012, increasing from $1,654 on each loan originated in the first quarter of the year to $2,152. 

Thursday, August 30, 2012

Successful's steps boost credit rating of your business

Many small businesses owners rely on their personal credit to secure funding for their work. But savvy owners know that personal credit is just a starting point: Those who work diligently to get and strengthen a commercial credit score put themselves in a better position to secure more credit, lower interest rates and better loan terms.