Posts Tagged “Brink”

webmaster@technorati.com wrote an interesting post today on
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NEW YORK, Nov 19 (Reuters) - U.S. fixed mortgage rates sank to or near record lows last week, home funding company Freddie Mac said on Thursday, adding incentive for refinancing and home purchases. The average 30-year home loan rate fell 0.08 percentage point to 4.83 percent, on the brink of the all-time low dating back to 1971 of 4.78 percent set in April. Fifteen-year mortgage rates dropped by …

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News Sources wrote an interesting post today on
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Why hasn’t Washington offered any aid to help the beleaguered mortgage insurance (MI) industry? Lawmakers have thrown a bone to nearly every other sector of the housing and mortgage-related industries, but not to mortgage insurers. Especially at a time when credit requirements are so stringent and when most lenders are requiring a maximum downpayment, has not one lawmaker on Capitol Hill even considered propping up this industry that’s on the brink? Note: MI policies help make low-downpa

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News Sources wrote an interesting post today on
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LEAD STORY-The (UK) Independent: In the Future, We’ll E-Mail Toast. Oh, and Live Forever.A Baby Boomer’s Dream, and IT COULD HAPPEN. The living forever part. Not sure how the Series of Tubes Called the Internet will adapt to melted butter:…or at least that’s what Ray Kurzweil thinks. He has spent his life inventing machines that help people, from the blind to dyslexics. Now, he believes we’re on the brink of a new age – the ’singularity’ – when mind-boggling technology will allow us to email eac

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News Sources wrote an interesting post today on
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NEW YORK – The nation was focused on a tropical storm spinning off the Carolinas and a hurricane headed for Florida. People were gaming out how a political novice named Sarah Palin might upend the presidential campaign. The Dow Jones industrial average closed at 11,220 on Sept. 5, the Friday after Labor Day last year. There was an economic slowdown under way — no one doubted that. Whether it amounted to a bona fide recession was semantics, a question for economists. But on Sunday morning, the fe

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News Sources wrote an interesting post today on
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Countless Americans who are on the brink of foreclosure are leaning to their lenders and placing in mortgage loan modification request in attempt to save their homes from foreclosure. An increasing number of lenders are providing much more tolerance to homeowners looking for assistance with the practice gaining fame particularly in the time of economic woes. Continue reading here: Mortgage loan modification request – How to get it approved? |…

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