Archive | August 8th, 2009

Mortgage Rates Rises as Unemployment Rate Falls

Posted on 08 August 2009

Today mortgage rates jumped after the Bureau of Labor Statistics have said that the unemployment rate was fallen to 9.4% in July as compared to 9.5% in June, which has surprised most of the economists who have estimated that the rate would go as high as…

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Reverse Mortgages Come to the Rescue

Posted on 08 August 2009

There have been reverse mortgages for nearly 20 years, but they have not been caught on so that much as they have been during the current financial crisis. Seniors are turning towards these loans to tap the equity in their homes and in order to generate…

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Credit Reports and Scores: What is a credit score?

Posted on 08 August 2009

Have you ever wonder why you can go online and be approved for credit just within 60 seconds? Or get pre-qualified for a car and no one even ask you how much money you make? Or why you there is a difference between the interest rates of you and your neighbor? The answer to these questions is…

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