Entries by Debtmerica

Initial unemployment insurance claims continue to slide nationwide

Americans are continuing to utilize debt consolidation and find ways to get by other than relying on government jobless insurance services, as figures regarding the number of initial claims declined yet again in mid-April. According to the latest Unemployment Insurance Weekly Claims report released by the U.S. Department of Labor on Thursday, Initial unemployment claims […]

Study: Foreclosures increased by 7 percent during first quarter of 2010

Despite marginal progress in the housing market so far this year, homeowners are still struggling to stay above water on their mortgage payments as they consolidate debt and begin the foreclosure process in increasing numbersthis quarter. According to Bank Foreclosures Sale, new data released Monday showed that foreclosures across the country increased by 7 percent […]

Bankrate: Mortgage rates return to form midway through April

Following a week in which Bankrate.com’s data found all mortgage rates seeing significant increases, rates managed to return more manageable rates for homeowners who want to refinance their home in order to consolidate debt. According to the latest weekly national survey released Thursday, the average interest rate for 30-year fixed-rate mortgages fell by 0.14 percentage […]

Consumer spending increased in March, survey says

Following two consecutive months of declines, consumers are beginning to shed their worries about consolidating debt, and a new Deloitte survey shows that spending increased throughout March. The latest Deloitte Consumer Spending Index for March, which was released on Tuesday, increased by 0.26 percentage points to hit 4.47 percent, from a downwardly revised figure of […]

Bank of America reports more HAMP modifications completed in March

Homeowners who are in need of debt consolidation are continuing to save money by refinancing their mortgage in March through the government’s Home Affordable Modification Program, according to new data from Bank of America. The latest information from the national bank, which was released on Monday, shows that Bank of America completed the mortgage modifications […]