Personal Finance News

Archive for 2012


Mortgage rates in 2012 averaged lowest levels in 65 years

Mortgage rates in 2012 averaged lowest levels in 65 years

Monday, December 31st, 2012

Mortgage rates dropped on a weekly basis, matching the downward trend seen for much of 2012, Freddie Mac revealed in its last weekly mortgage survey of the year. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates


Home prices up sharply year over year

Home prices up sharply year over year

Friday, December 28th, 2012

Home prices showed increases of more than 10 percent on a yearly basis in November, the National Association of Realtors (NAR) said in a recent report. Read more

Posted in: Home Equity, Mortgage, Refinance


Home builder confidence continues to rise

Home builder confidence continues to rise

Thursday, December 27th, 2012

Home builder confidence increased month-over-month and is at a level not seen in more than six years, the National Association of Home Builders (NAHB) said in a recent report. Read more

Posted in: Home Equity, Mortgage, Refinance


Home sales rise in November

Home sales rise in November

Wednesday, December 26th, 2012

Sales of existing homes increased nearly 6 percent on a national level in November, the National Association of Realtors (NAR) said in a recent report. Read more

Posted in: Home Equity, Mortgage, Refinance


30-year fixed mortgage rates rise

30-year fixed mortgage rates rise

Monday, December 24th, 2012

Interest rates for 30-year fixed mortgages rose week-over-week but remain near historical lows, Freddie Mac revealed in its weekly mortgage report. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates


Number of new auto loans obtained by consumers at 5-year high

Number of new auto loans obtained by consumers at 5-year high

Friday, December 21st, 2012

More new auto loans were created in the first eight months of 2012 than any year since 2007 for that timeframe, Equifax revealed in a recent report. Read more

Posted in: Loans


Mortgage rates show mixed results on weekly basis

Mortgage rates show mixed results on weekly basis

Thursday, December 20th, 2012

Mortgage activity dropped sharply as mortgage rates fluctuated week-over-week, the Mortgage Bankers Association (MBA) revealed in its most recent weekly mortgage report. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates


More consumers pay credit card bills late in Q3

More consumers pay credit card bills late in Q3

Tuesday, December 18th, 2012

The credit card delinquency rate on a national level rose in the third quarter (Q3) of 2012, TransUnion said in a recent report. Read more

Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards


Fixed mortgage rates drop near record lows

Fixed mortgage rates drop near record lows

Monday, December 17th, 2012

Fixed mortgage rates decreased slightly week-over-week, keeping rates near all-time record lows, Freddie Mac said in its most recent weekly mortgage report. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates


Number of housing markets showing improvement spikes in December

Number of housing markets showing improvement spikes in December

Friday, December 14th, 2012

The number of housing markets showing improvement in December surged on a month-over-month basis, the National Association of Home Builders (NAHB) revealed in a recent report. Read more

Posted in: Home Equity, Mortgage, Refinance


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Mortgage Tips

Always avoid late payments

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