Learn-More.org




Recent News

Mortgage Rate Hits 37-Year Low

The benchmark 30-year fixed-rate home mortgage in the U.S. fell to a national average of 5.17% this week, the lowest since Freddie Mac began its weekly rate survey in 1971.

With the Federal Reserve cutting its interest rates to near 0% and a continued decline in rates on the long-term Treasury notes that mortgages closely track, rates on other types of mortgages dropped again, though not as much as the 30-year.

"Interest rates for 30-year fixed-rate mortgage rates fell for the seventh consecutive week, moving these rates to the lowest since the survey began in April 1971," said Frank Nothaft, Freddie Mac chief economist. "The decline was supported by the Federal Reserve announcement on Dec. 16, when it cut the federal-funds target to a record low and stated it stood ready to expand its purchases of mortgage-related assets as conditions warrant."

The 30-year mortgage fell for a seventh consecutive week, from 5.47% a week ago. A year ago the 30-year averaged 6.14%.

The 15-year fixed-rate mortgage averaged 4.92%, down from last week when it averaged 5.20%. A year ago the 15-year loan averaged 5.79%. The 15-year mortgage hasn't been lower since April 1, 2004, when it averaged 4.84%.

» Read More
View News Archive



Recent Articles

The importance of dog ID tags for your pet

Deciding to buy a pet is an important decision. Much like bringing a new baby home, a pet will impact the lives of you and your family, and you need to be fully prepared. Once you have gotten your pet supplies you need to decide on the type of pet tag to buy. These days it is important to remember that pets get lost, and you need to make sure that if this does happen, it will return home safely.

Debt management companies can be sorted into two piles straight away; charitable, public sector types and private sector, fee-paying types. On the one hand, the free, charitable types may seem more appealing. After all, you don’t have to pay them to help you. You are given an appointment with someone, be it at the the Citizens Advice Bureau, National Debtline or the Consumer Credit Counselling Service, who can go through your situation.

How to deal with personal bankruptcy

Many people now face the daunting prospect of having to file for bankruptcy. What happens when you have to admit to yourself that there is no other alternative? Your first thought may be to approach a financial advisor for help, but even that may not offer payments low enough to maintain a reasonable standard of living. Filing for bankruptcy can be an emotionally draining experience, but knowing how to handle it may help prevent you from having to face similar problems in the future.


Web Design Northampton

Internet services and specialized web design have been out of the reach of the medium or small business due to financial instability. With Web Design Websites of Northampton, these small sized businesses are now able to have the access of such advances in order to expand their business and gain more and more traffic over their website. Northampton based SEO websites are specialized in building the efficient websites along with high quality logo designs and graphics including various internet services like search engine optimization. It is of no use to design a website in the most attractive manner possible yet the search engine ranking is poor!


The debt advice consumers need the most

Shop smartly and plan your spending properly. This is the debt advice that consumers who find themselves up to their ears in debt need to hear the most.


No articles found.




No popular authors found.
No popular articles found.