Digital News Report – During the boom of the mid-1990s consumer credit was healthy and growing. Today with the economic downturn, lenders are seeing a decline in consumer debt. Consumer credit includes…
Initial Jobless Claims – Lower Last Week
Digital News Report – There were fewer initial jobless claims last week compared to the week before, according to the U.S. Department of Labor. For the week ending October 2nd, there were…
Refinance Interest Rates Today – Citibank PNC Chase and Bank of America Comparison
Digital News Report – Refinance rates continue to move lower today (chart below). Refinance rates may differ from purchase rates. Banks may charge a different interest rate for each type of loan….
Personal Loan Rate Today – Even with Bad Credit
Digital News Report – With the downturn in the economy, personal loans have become a popular product for banks and other lenders. There are two basic types of personal loans: secured and…
The ADP National Employment Report – US Loses Jobs
Digital News Report – ADP (Automatic Data Processing, Inc) reported that private-sector jobs decreased by 39,000 from August to September (seasonally adjusted). The tax and payroll outsourcing company revised their numbers from…
Mortgage Bankers Association Says Purchases Higher But Refinancing Lower
Digital News Report – The Mortgage Bankers Association (MBA) reports that home purchases are increasing but applications for refinance are declining. Overall the number of loan applications are decreasing. As of October…
Refinance Interest Rates Higher Today – Compare Chase Bank of America and Citibank
Digital News Report – Some banks lowered their refinance rates today the average rate was three basis points higher to 4.4135% (chart below). Citi Financial lowered their 30-year refinance rates seven basis…
Credit Cards for People with Bad Credit – Capital One Secured Mastercard
Digital News Report – The new Capital One® Secured Mastercard® is designed for people with poor or bad credit scores and can be used to develop a good credit history. The company…
Personal Loans for People with Bad Credit – Bank Interest Rates Wednesday
Digital News Report – Personal loans, which are offered through banks and other lenders, can help Americans through tough times. Wells Fargo is offering personal loans for 15.10 percent. Depending on your…
Refinance Loan Rates For Citibank Chase Bank of America and PNC
Digital News Report – Loan Refinancing rates were lower at Citi, PNC and Chase banks today. Bank of America raised some of their rates. Refinance rates may differ from new purchase rates….