Home Equity Loan - Mortgage rates hit record low again - Contra Costa Times
Mortgage rates hit record low again - Contra Costa Times
WASHINGTON Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking the data nearly 28 years ago. Rates have been falling since late November, when the Federal
Here’s what to do if your home-equity line is slashed - Marketwatch
WASHINGTON (MarketWatch) — Question: I had my line of credit cut in half and am having a very difficult time getting it reinstated. My facts are as follows: Appraised value at time the line was issued was $1.2 million, first mortgage of $960,000 (80
Fitch cuts GMAC rating to “Restricted Default” - Forbes
Fitch Ratings said Thursday it downgraded its issuer default rating for GMAC LLC to “Restricted Default” from “CCC,” citing the recent completion of the financing company’s bond exchange. The exchange covered about $28.8 billion of unsecured debt
Consumer borrowing falls by $7.94B in November - Caspar Star-Tribune
WASHINGTON - Consumers cut back on their borrowing by a record amount in dollar terms in November, another sign of trouble for the rapidly weakening economy. The Federal Reserve reported Thursday that borrowing on credit cards, and for such things as