Consumers looking to consolidate debt and save money have taken to cooking more meals at home and eating more leftovers instead of throwing them out, according to a new survey from the American Chemistry Council. According to the survey, 80 percent of Americans said their families had re-prioritized somewhat and now made more of a […]
Jobless workers dealing with poor finances and bad credit were likely encouraged by a U.S. Bureau of Economic Analysis report on Friday that found a sizable increase in the U.S. gross domestic product during the final months of 2009. According to the BEA, the GDP for the fourth quarter of 2009 increased at an annual […]
Along with the help of a number of local non-profit organizations, the National Urban League, National Council of La Raza, and HomeFree USA, Freddie Mac will open Borrower Help Centers in Chicago, Phoenix, Washington D.C., and San Bernardino. The centers will utilize a "holistic"approach to address the problems facing borrowers who have fallen into delinquency […]
Bankrate’s latest weekly national survey released Thursday found that all mortgage rates declined for the fourth straight week, likely pleasing homeowners looking to refinance their home in order to cut costs and consolidate debt. Short-term rates had the best overall week, as the average rate for 5/1 adjustable-rate mortgages declined by 0.09 percentage points to […]
A recent study conducted for Union Bank and the American Heart Association by Harris Interactive has found that consumers in debt consolidation also worry about their health taking a hit as well. According to the survey, which was released in December 2009, 90 percent of consumers saw a link between a negative turn in one’s […]
Bank of America and Merrill Lynch Wealth Management have announced a new campaign designed to help consumers improve their finances and consolidate debt as they begin planning for their retirement. Beginning today and lasting until the end of April, the bank will run their "help2retire______" campaign for consumers looking to help people "illustrate [their] evolving […]
Vermont is one of many states to see its employment figures in industrial sectors suffer mightily over the course of the recession, according to a new survey that found the state has lost 2,894 manufacturing jobs since December 2007. According to the 2010 Vermont Manufacturers Register released Monday by the Manufacturers’ News Inc., manufacturing jobs […]
Mortgages fell for the third straight week of as all long-term rates found their way back under the 5 percent threshold for the first time in weeks, pleasing homeowners looking to consolidate debt through a refinanced mortgage. For the second straight week, the average rate for 15-year fixed-rate mortgages declined by 0.05 percentage points to […]
Mortgage rates continued to fall to ideal levels that complement the current homebuyer tax credits, as all major types of mortgages saw a decrease for the week ending January 17, according to the Zillow Mortgage Rate Monitor. Average interest rates for 15-year fixed rate mortgages saw a sizable decline of 0.08 percentage points for the […]