Mortgage Rates Fall To 3.97%, Ignore Expanding US Economy
Current Mortgage Rates Reach New Lows
Have you seen todays low mortgage rates?
30-year conventional mortgage rates have moved firmly below four percent, and now average 3.97% for prime mortgage borrowers making a home purchase with 20% down.
Plus, for homeowners using FHA loans and VA loans, rates are even lower.
The typical rate for an FHA loan was 25 basis points (0.25%) lower in August than a comparable conventional loan via Fannie Mae or Freddie Mac; and, VA mortgage rates were 37.5 basis points (0.375%) below conventional loans.
Early in my career I was working with a husband and wife. William was nearing retirement and he and Jill were trying to make some critical decisions. When would they retire? Where would they live? Was their estate plan in order? Did they have enough money to retire?
These questions are quite typical – but they were just the tip of the iceberg.
It was obvious that William was the financially dominant partner. He handled all of the bills, made the investments, coordinated the insurance, etc. Jill was not ignorant or incapable; however, one could tell financial issues were not her strong suit. As such, she had always left those matters to Bill....
CLINTON — After a quiet meeting a week ago, money and drinking water — the issues separating two factions of the DeWitt County Board — came to the forefront at a contentious Thursday night meeting.
Both sides of the divide said they were for clean drinking water, but one group — led by board member Terry Hoffman and Chairwoman Sherrie Brown — contends that if the county wants clean water, the board must fight for it.
The other side — with vocal supporters Camille Redman, Dan Ballenger and Dave Newberg — contends that protection of the Mahomet Aquifer is out of the hands of the county board, and their main concern is a budget deficit caused...
Money Matters: Mortgage Rates Gone Down
The market for home-equity loans surged along with housing prices in the previous decade. While the ensuing real-estate bust may have cooled this trend, home improvement loans remain a viable and increasingly popular option as the market recovers.
Lenders report rising demand for home-improvement loans, both from homeowners seeking to boost resale value and from those who want to enjoy a house with more space or modern amenities. The credit bureau Experian estimates that homeowners nationwide opened $120 billion in home equity credit lines in the last 12 months, a 27 percent increase from the previous year.
On Sep 19, 2014, we issued an updated research report on RadioShack Corp. (RSH – Analyst Report). RadioShack recently reported dismal financial numbers for the second quarter of fiscal 2015. Both the top and the bottom line significantly missed the Zacks Consensus Estimate.
RadioShack reported adjusted loss per share of $1.00, wider than the Zacks Consensus Estimate of a loss of 59 cents. Meanwhile, total revenue came in at $673.8 million, down 21.8% year over year and below the Zacks Consensus Estimate of $742 million. Notably, comparable store sales for company-operated stores and kiosks (stores and kiosks that have been operational for at least a year) were down...
Happy birthday for Oct. 16: Don’t buy into overspending or feeling the need to keep up with others. Do your own thing and set a trend for others to follow. Trust in your experience and insight. Your numbers are 8, 14, 19, 22, 24, 30, 45.
ARIES (March 21-April 19)
Money Matters: Consumers Expected to Spend $7.4B on Halloween
Savannah, GA (PRWEB) October 17, 2014
TMX Finance, the nations largest and fastest growing consumer finance company, now offers its services at more than 1,500 instant cash locations throughout 18 states. The company has experienced a rapid rate of growth and has opened more than 200 locations in the past twelve months, resulting in a 14% increase. TMX Finance brick-and-mortar brands include TitleMax, TitleBucks, EquityAuto Loan, and InstaLoan and are located in the following...
Face Value: Al Brown on money matters