This week mortgage company Freddie Mac reported that national mortgage rates fell to the lowest level on record. The average rate for 30-year fixed mortgages dropped to 4.69%, the lowest rate since 1971 when tracking started. Rates for 15-year loans fell to an average of 4.13% and five-year adjustable rate mortgages also hit lows of […]
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National Mortgage Rates Hit Record Low
Sunday, July 25th, 2010 | Comments Off on National Mortgage Rates Hit Record Low
Is Your California Bank Likely to Fail? Check the List!
Wednesday, July 7th, 2010 | Comments Off on Is Your California Bank Likely to Fail? Check the List!
Banks are in trouble. As you know, the FDIC identifies banks in danger of failing, and has over 700 banks on its problem list. So far this year, over 80 banks have failed. People usually don’t worry about their bank deposits because of the FDIC guarantees on savings accounts up to $250,000, but they still […]
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