Posts Tagged ‘interest

Mortgage Interest Tax Break Has Adverse Effect on Homeownership, Social Welfare

The American dream of owning a home with a white picket fence may stay a dream for many, according to a recent study by a Kansas State University economist. Tracy [...] View full post on All Stories

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Mortgage Applications Continue to Fluctuate

Despite interest rates well below 5 percent, mortgage applications continue to be in flux this month. View full post on All Stories

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Quake insurance won’t replace everything

Japan’s massive earthquake has created a surge of interest in quake insurance in a place more than 5,000 miles away: California. View full post on All Stories

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India hikes interest rates by a quarter point

MUMBAI (MarketWatch) — The Reserve Bank of India on Thursday said it hiked both its lending and borrowing interest rate by 25 basis points, to 6.75% and 5.75% respectively. The move was in line with expectations. The central bank also lifted its March whole price index-based inflation forecast to 8% from 7% previously, citing pressures [...]

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Union Budget 2011: Low-cost housing loans of Rs 15 lakh to get 1% interest sop

The govt said low-cost housing loans of Rs 15 lakh will be eligible for 1% interest subsidy, which will help in increasing the demand. View full post on All Stories

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Payday lending bill dies in committee

The bill called for capping interest rates for pay day loans at 36 percent. However, a House committee did not pass the bill Wednesday. View full post on All Stories

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How Are My Nationwide Biweekly Administration Payments Processed?

Nationwide Biweekly Administration Payments How are my payments processed? The interest minimizer debits your bi-weekly amount from your checking or savings account then remits payments bi-weekly or makes your monthly loan payment when it’s due. Because there are 52 weeks in a year, that adds up to 26 bi-weekly debits which equals 13 monthly payments [...]

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Reid Standing Firm In Opposition To Senate Health Law Repeal Vote

Across the Hill, House Republicans have renewed their interest in proposals to privatize Medicare, leading Democrats to jump to the defense of the health insurance program for seniors… View full post on All Stories

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could you soon face financial ruin

Homeowners who bought at rock-bottom interest rates are ‘on the edge of an abyss’ and could have problems paying their mortgage when rates finally … View full post on All Stories

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Fixed mortgage rates rise slightly

After two consecutive weeks of stagnation, fixed mortgage interest rates rose slightly in the current period, as investors turned their attention from Europe’s sovereign debt crises to the rising U.S. stock market. View full post on All Stories

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