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News For August 2011

Financial news, credit card news, loan news, mortgage news & more.

What Can Be Done to Preserve The American Dream of Home Ownership?
  The NAR has been mobilizing Realtors and the public to take action by writing letters to U.S. House of Representatives regarding affirming the House Resolution 25...  more
  Added: 31st August 2011
 
Buyers Seek High Tech and Green Homes
  Today’s buyers are not only looking for value, they want high tech homes that meet their personal and business needs as well as green homes that save energy...  more
  Added: 30th August 2011
 
What Will Homes Look Like in the Next Five Years and into the Future?
  A study completed by the National Association of Home Builders found that home buyers will be demanding very different types of homes in the next five years...  more
  Added: 25th August 2011
 
The Gap in Wealth is Dramatically Increasing
  Research shows there is a widening wealth gap between white Americans and American minorities as a result of the economy and the housing market decline..  more
  Added: 23rd August 2011
 
Walgreens Considering Selling Health Insurance
  Walgreens is considering selling health insurance products offering different coverage and price ranges to its customers as early as this fall.  more
  Added: 19th August 2011
 
Current Home Loan Limits Expire on September 30, 2011
  The current loan limits which have been in effect since 2008 for FHA and Fannie Mae and Freddie Mac government backed conventional mortgages are set to expire..  more
  Added: 16th August 2011
 
The Government Needs Your Input to Help Stabilize the Real Estate Market
  Currently, the government owns more than 284,000 foreclosed properties, 70,000 of which they are offering for resale...  more
  Added: 13th August 2011
 
S & P Lowers Credit Ratings of Insurance Groups and Fannie Mae and Freddie Mac
  Not only has Standard & Poor’s lowered the U.S. credit rating, it also lowered the credit rating of five U.S. insurance groups including.  more
  Added: 11th August 2011
 
U.S. Credit Rating Down-Graded by S & P to AA+
  Standard & Poor’s, a rating firm that evaluates creditworthiness of corporate and government debt, downgraded the U.S. AAA rating to a AA+ rating on August 5, 2011.  more
  Added: 9th August 2011
 
Finding Bad Credit Auto Loans
  If you need a car loan and your credit score is in the 540 to 600 range, you are looking at paying a higher interest rate and a larger down payment somewhere around 40%.  more
  Added: 6th August 2011
 
Bank of America Close to Settlement with Struggling Homeowners
  Bank of America Corp. is attempting to settle with struggling homeowners by reducing loan balances in exchange for a release from any legal claims against them.  more
  Added: 5th August 2011
 
How the New Debt Plan May Affect Everyone’s Health Care
  Experts are raising concerns that Medicare could face budget cuts as the 12 member Super Congress organizes and puts together a 10 year 1.5 trillion dollar...  more
  Added: 4th August 2011
 
U.S. Debt Crisis Averted
  The House of Representatives voted on Monday night, August 1, 2011, 269 to 161 in favor of raising the debt ceiling to $14.29 trillion...  more
  Added: 3rd August 2011
 
Take Advantage of Low Auto Rates Now
  If you are in the market for a new car, now is a great time to purchase one and take advantage of the low auto loan rates...  more
  Added: 2nd August 2011
 
Debt crisis could mean higher interest rates
  A downgrade of the U.S.’s AAA credit rating could result whether or not Congress comes to an agreement regarding the debt ceiling....  more
  Added: 1st August 2011
 
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