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News & Updates
Personal & Mortgage Loans News
- CFPB Rules Reiterate Current and Future Lending PracticesNew mortgage loan rules beginning on Jan. 10, 2014 could limit the current availability and cost of mortgage loans but… Read more »
- New Bill Prohibits Pre-Employment Credit ChecksA newly proposed bill would stop pre-employment credit checks on non-security related jobs. Last week, Senator Elizabeth Warren (D-Mass.) announced… Read more »
- FreedomPlus receives $125 Million to Lend Personal LoansFreedom Financial Network (FNN), a debt consolidation company, received a massive $125 million investment from Venture Capital, a firm co-founded… Read more »
- Adjustable Rates Fall Off Cliff This Week, Fixed Rates Hang OnMajor interest rate shifts occurred this week for adjustable mortgages while fixed rates barely changed. Reports provided by loans.org found… Read more »
- Minimal Rate Changes Despite Proof of Housing RecoveryThe upcoming holiday season brought minimal changes for mortgage interest rates despite statistical signs of a housing recovery. Mortgage interest… Read more »
- Fixed Rates Surpass Adjustable Rates and Increase RapidlyFixed mortgage loan interest rates changed considerably this week while adjustable rates barely changed, according to rate reports provided by… Read more »
- Existing Home Sales Decline While Interest Rates Nudge UpwardsHome loan interest rates continue their moderate changes seen last week according to rate reports supplied by loans.org. Although this… Read more »
- Uncertainty Remains in Housing Market Despite Stabilized RatesNon-existent or minimal changes for mortgage interest rates created some stability in the housing market this week. Both fixed rates… Read more »
- Loan Amounts and Down Payments Decrease While Rates IncreaseMortgage loan interest rates were impacted by several industry factors and continued to increase according to this week’s rate reports.… Read more »
- Politicians Profit off Personal Loans to CampaignsAccording to a 60 Minutes report, politicians on both sides of the aisle are lending personal loans to their campaigns… Read more »
- Fixed Rates Align with Improving GDP ReportsFixed home loan interest rates increased while adjustable rates declined this week according to rate reports provided by loans.org. For… Read more »
- Low Rates Keep Borrowers Happy but Cause Concern for the FedMortgage interest rates continued a two-week decline which created a positive stimulus for borrowers but conversely reduced any possibility for… Read more »
- Despite Low Mortgage Interest Rates, the Market Faces DifficultyBoth fixed and adjustable mortgage loan interest rates dropped at least 15 basis points this week, according to rate reports… Read more »
- Congressman’s Facebook Post Shows Disparity Caused by ShutdownRepresentative Steve Pearce (R-N.M.) recently learned just how quickly disgruntled workers can backfire. He wrote a Facebook post stating that furloughed… Read more »
- Alternative Lenders Use Social Media During Underwriting ProcessConsumers are told frequently to monitor their social media usage to improve future jobs and relationships, but very few know… Read more »
- Elderly Have Advantage When Borrowing Personal LoansFar from being senior citizens that lack financial sharpness, the elderly actually have an advantage over younger generations when it… Read more »
- Fake iPhone Developer Who Borrowed Personal Loans Pleads GuiltyJonathan Gracia, of Middletown, Conn., has pled guilty to one count of wire fraud stemming from an investment scheme that… Read more »
- Growing Cost of Weddings Forces Some Consumers Into DebtWhen Johnathan Ness decided to get married a month ago, he avoided the average financial strain most couples experience. Ness… Read more »
- Maryland Offers Personal Loans for ToiletsAre you in Maryland and in desperate need of new plumbing? Well, there’s a personal loan for that. The Department… Read more »
- Judicial Campaigns in Pennsylvania Fueled by Personal LoansThree candidates for a Pennsylvania court seat have raised nearly $240,000 for their individual campaign, some of which is from… Read more »
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