Personal Finance News

News archive for June 2012


Home builder confidence highest in 5 years

Home builder confidence highest in 5 years

Friday, June 29th, 2012

Home builder confidence rose one point in June and currently sits at its highest level since May 2007, according to a recent report from the National Association of Home Builders. Read more

Posted in: Home Equity, Mortgage, Refinance


More young adults have health insurance

More young adults have health insurance

Thursday, June 28th, 2012

The percentage of young adults in America who are without health insurance dropped quarter of quarter, Gallup said in a recent report. Read more

Posted in: Insurance


Mortgage rates mixed in latest data

Mortgage rates mixed in latest data

Wednesday, June 27th, 2012

Mortgage rates showed mixed results week-over-week, according to the Mortgage Bankers Association (MBA). Read more

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


III: Life insurance costs often overestimated

III: Life insurance costs often overestimated

Tuesday, June 26th, 2012

Term life insurance can be a cost-effective financial solutions for many families, the Insurance Information Institute (I.I.I.) said in a recent report. Read more

Posted in: Life Insurance, Life Insurance Rates


Mortgage rates slide even further as summer arrives

Mortgage rates slide even further as summer arrives

Monday, June 25th, 2012

Average mortgage rates eased yet again, with both fixed-rate and adjustable-rate mortgages reach new record lows, Freddie Mac said. Read more

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


Home prices rise on both quarterly, yearly basis

Home prices rise on both quarterly, yearly basis

Friday, June 22nd, 2012

Home prices on a national level showed increases on both a quarterly and yearly basis, Clear Capital said in a recent report. Read more

Posted in: Home Equity, Mortgage


Fixed mortgage rates match all-time record low

Fixed mortgage rates match all-time record low

Thursday, June 21st, 2012

Average rates for 30-year fixed mortgages dropped slightly to match the all-time record low mark, the Mortgage Bankers Association said yesterday. Read more

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


Housing market improvement seen in 80 metropolitan areas

Housing market improvement seen in 80 metropolitan areas

Wednesday, June 20th, 2012

Measurable and sustained housing market improvement was seen in 80 metropolitan areas across the U.S., according to a reports from the National Association of Home Builders. Read more

Posted in: Home Equity, Mortgage, Refinance


III: Coastal home owners must understand Hurricane insurance

III: Coastal home owners must understand Hurricane insurance

Tuesday, June 19th, 2012

Those who own homes in coastal states should take steps to understand the hurricane deductible associated with their homeowners insurance, the I.I.I. urged in a recent report. Read more

Posted in: Home Insurance, Home Insurance Rates


Mortgage rates increase after six weeks of record lows

Mortgage rates increase after six weeks of record lows

Monday, June 18th, 2012

Fixed mortgage rates ticked up after six consecutive weeks of record-setting activity, according to the latest report from mortgage giant Freddie Mac. Read more

Posted in: Mortgage Rates, Refinance Rates


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Mortgage Tips

Are home equity loans still available to most?

Some people can still get equity loans, but if there is no equity in your home, chances are very slim. Read more



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