Consumers looking to consolidate debt by refinancing their mortgage loans and lowering their payment may be able to benefit from stabilizing rates. According to Freddie Mac’s latest Primary Mortgage Market Survey forthe week ending March 18, One-year adjustable-rate mortgages were the only type of mortgage to see their average rates decline, as they fell by […]
Consumers facing debt consolidation and hoping for a continued economic recovery into the summer may be disappointed by new data released by the Conference Board on Thursday. According to the board’s latest information, their Leading Economic Index underwent a 0.1 percent increase throughout February. The largest contributors to the increase being boosts in the spread […]
A new study released Monday by Portfolio.com has found that young adults looking to avoid the eventual need to consolidate debt may want to move to the Southwest region where the job conditions are the best in the country. According to the study, the latest in the website’s ‘U.S. Uncovered’ lifestyle trend reports, Austin, Texas […]
One week after declines that would have led to more ideal refinancing rates for homeowners looking to consolidate debt, the second week of March did not yield the same results for most mortgage types. According to thelatest Zillow Mortgage Rate Ticker for the week ending March 16, the average interest rate for 30-year fixed-rate mortgages […]
Mortgage modifications through the government’s Home Affordable Modification Program are continuing to gain steam as a viable means to consolidate debt, as more homeowners stepped up and got involved with some form of a modification on February. According to the latest Making Home Affordable report for February, the number of permanent mortgage modifications increased 45 […]
Homeowners looking to save some money or consolidate debt received another week of favorable rates from the latest Primary Mortgage Market Survey released by Freddie Mac on Thursday. According to the survey 30-year fixed-rate mortgage saw their average interest rate drop 0.02 percentage points to 4.95 percent for the week ending March 11. While a […]
Improved debt consolidation and money management to avoid falling into foreclosure on one’s home seems to be paying off slightly, as short term foreclosure figures improved in February while longer-term ones continued to struggle. According to RealtyTrac, the number of foreclosure filings -which include default notices, scheduled auctions, and bank repossessions – hit 308,524 for […]
Workers holding out for a new job as they continued to consolidate debt saw the unemployment rate remain unchanged into February, according to the latest Employment Situation report by the U.S. Bureau of Labor and Statistics. According to the survey, total nonfarm payroll employment remained mostly stable, only decreasing by 36,000 to keep the number […]
People looking for work as they consolidate debt and save money to remain above water financially will likely be pleased by new data from Manpower Inc. demonstrating a slight increase in payroll that are expected during the second quarter of 2010. Manpower’s Employment Outlook Survey for Q2 2010 released on Tuesday found that 16 percent […]
Initial unemployment claims continued to decline as February came to a close, providing hope to jobless workers in the midst of debt consolidation who are looking for a sign the struggling housing market may slowly be righting itself. According to the U.S. Department of Labor’s latest Employment Insurance Weekly Claims Report released on Thursday, initial […]