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Second Mortgage Rates Newssecond mortgage ratesJan. 9 (Bloomberg) -- Deutsche Bank AG lowered its forecast for the average price of crude oil this quarter by $10 to $45 a barrel because of reduced demand. Crude consumption will fall by 1 million barrels a day amid “very little” world economic ... Read moreDeutsche Bank Cuts Oil Price Forecast to $45 a Barrel (Update2) - BloombergPrepaying a mortgage in these uncertain times sounds perfect. It could shorten the term of the loan and offer a stable return when other investments are losing ground. But it's not a slam dunk decision. Interest rates are low, unemployment high and ... Read morePrepaying Mortgage May Not Trump Investing - Wall Street JournalCOLUMBUS, Ohio - Oil prices fell below US$40 per barrel Friday for the first time this year as the government reported the nation's worst annual job losses since World War II. People are travelling less, manufacturers are slashing production and ... Read morePrice of crude oil falls below US$40 for first time in 2009 - Edmonton SunCOLUMBUS, Ohio (AP) - Oil prices fell below $40 per barrel Friday for the first time this year as the government reported the nation's worst annual job losses since World War II. People are traveling less, manufacturers are slashing production and ... Read moreCrude falls below $40 for first time in 2009 - KTAR.comDon't look for local home prices to rise any time soon. According to a new report from RE/MAX of New England , "home foreclosures will continue to significantly impact the New England real estate market in 2009, creating opportunities for first-time ... Read moreRE/MAX issues New England real estate outlook - Boston GlobeLong-term mortgage rates fell for the 10th straight week, setting a new record, mortgage giant Freddie Mac said Thursday. The average 30-year fixed-rate mortgage was 5.01 percent, the lowest since Freddie Mac started tracking the data in 1971. The ... Read moreFreddie Mac: Long-term mortgage rates fall for 10th week - Chicago Sun-TimesInsulated from the harshest effects of the housing bust - and buoyed by an abundance of energy and agriculture - five contiguous rural states have the lowest unemployment rates in the land. Recent declines in commodity prices are being felt across ... Read moreContiguous rural states have lowest jobless rates - Billings GazetteUnlike the last recession, today's unemployment hot spots are all over the map. The five states with the highest unemployment rates — Michigan, Rhode Island, South Carolina, California and Oregon — all have something in common, though: a ... Read moreStates with worst jobless rates share root causes - International Herald TribuneJan. 9 (Bloomberg) -- Citigroup Inc.’s agreement to back legislation that lets bankruptcy judges cut mortgage rates for at-risk borrowers drew criticism from bank industry lobbyists who said the compromise with Senate Democrats was flawed ... Read moreCitigroup, Senators Agree on Bankruptcy Role to Trim Loan Rates - BloombergHomeowners in West Little River, Fla. , Westmont, Calif. , and Copiague, N.Y. , could use some time with their financial planners. That's because these areas have the highest percentages of mortgage holders whose monthly housing costs--73.6%, 73.3 ... Read more |
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