From the category archives:

Interest rates

Each card agreement is different from the other, so here I will answer your questions in a more general way. A card issuer has got the right to change the interest rate of your credit card account by giving a notice in writing to the cardholder. Being a cardholder you have the right to refuse the new rate but…

{ 0 comments }

In this article I have explained that what will be the consequences if you exceed from credit card limit.
What happens when I charge my credit card over the limit?
If you charge your card over the limit then you will be socked with a hefty penalty fee. Commonly the over-the-limit fees charged by card company is […]

{ 0 comments }

Local households, specifically those who are in the low-income bracket, are anticipated to face a growing financial burden, as mortgage rates rise in line with rising market interest rates.Some banks are considering that they may…

{ 1 comment }

The mortgage company Freddie Mac has said that this week the average rate on a 30-year fixed-rate mortgage was 5.29%, which has been raised up from 5.22% that we have observed last week.

{ 1 comment }

According to a survey that has been released on Thursday by home funding company Freddie Mac , in the latest week, there has been a rise of 0.07 percentage point in the interest rates on U.S. 30-year fixed-rate mortgages.
 
For the week ending Aug. 13, interest rates on the 30-year fixed-rate mortgage averaged 5.29%, with […]

{ 0 comments }

Data from an industry group showed on Wednesday last week there has been a drop in U.S. mortgage applications, that reflect a drop in demand for home refinancing loans as interest rates have…

{ 0 comments }

In order to get a low-rate credit card, you don’t have to pay. For reaching a national bank, you surely don’t need a middleman.Your credit history will remain what it is. What you can do is that you can correct errors in your credit report and then you can rebuild your credit over time, but to pay someone a high fee just for the facility of having them find you a credit card is nothing but just …

{ 0 comments }

The interest rates of the individuals’ mortgage and home equity loans have been cut up to 3.5% by Millennium Bank. The calculation of new rates are based on…

{ 0 comments }

In this series of articles I have tried to answer some FAQs about credit card fees. Lets have a look at the questions related to credit card fees that are frequently asked by the borrowers.Question: My credit card interest rate has been raised up to 29.99% when I was late paying the bill. So my question is that what is the maximum allowable APR on credit cards? Answer: This misconception is popular among the people that…

{ 0 comments }

Since the beginning of the week current mortgage rates have stabilized. Friday’s unemployment rate have shown a surprising decline over May’s unemployment numbers due to which the mortgage rates were forced to rise a little bit but rates…

{ 0 comments }