by SCDigital | Nov 24, 2014 | Uncategorized
Federal Home Loan Mortgage Corporation chief economist Frank Nothaft has noted that 30-year fixed rate mortgages dropped below 4% in mid-October, their lowest since 2013. They remain at 3.99% as of November 21, signaling a strengthened purchase mortgage market. ...
by SCDigital | Nov 21, 2014 | Uncategorized
Many people are of the belief that the mortgage crisis that began in 2007 was brought about by underqualified first time buyers defaulting on loans that were too readily available. Bankruptcy Attorney Dave Chenelle points out a November 14th, 2014 New York...
by SCDigital | Nov 20, 2014 | Uncategorized
After state and local entities pledged hundreds of millions of dollars in cutbacks to support the city’s re-worked pension plan, U.S. Bankruptcy Judge Steven Rhodes called the agreement a miracle. While retired workers will accept a reduction in income and benefits,...
by SCDigital | Nov 19, 2014 | Uncategorized
There are so many borrowing options available today, it can be off-putting when it comes time to choose. Judging by the volume of television and radio advertisements, internet pop-ups and new storefronts seeking a piece of the market, the numbers of borrowers is on...
by SCDigital | Nov 18, 2014 | Uncategorized
We have all heard, and probably used, the “bad apple” idiom at one point in our lives. You know, the one that goes something like: “All it takes is one bad apple to spoil the bunch.” There is literal scientific truth to this statement. A ripening/decaying apple...
