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  • Relaunched Short Term Loans Finder Simplifies the Search

    PaydayLoansOnline.net announces that the hunt for short term payday loan solutions is simpler and more effective than before with the newly relaunched version of its search and compare platform. a gateway to a long list of trustworthy and licensed

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    When you are approved you might have the funds direct settled to your family savings. These loans hold very Being very easily approved by way of mortgage lender who offers loans for bad credit one should strategy the provider with a payment in

  • Long Beach city attorney blocks port dispute probe

    Also Tuesday, the council passed a request to direct Shannon to prepare a one-year moratorium on so-called payday lending, car title lending and short-term consumer finance lending businesses. The resolution, proposed by Councilwoman Gerrie Schipske,

  • OCC smacks bank for issuing prepaid cards for payday lender: Plain Dealing

    Consumer groups challenged Urban Trust Bank's relationship with CheckSmart in May, contending the partnership could help CheckSmart dodge state payday lending laws. The ensuing controversy caused CheckSmart to yank its planned initial public stock

  • A £100 loan left Plymouth man £6000 in debt

    New research from the Plymouth Citizen's Advice Bureau (CAB) reveals how around one in five disadvantaged under-25 year-olds in the city has already taken out a payday loan – and half admit to money worries. The paperwork-free loans can land in a

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News Summary: Rates on US mortgages at record lows
RATES AT RECORD LOWS: Average U.S. rates on fixed mortgages fell again to record lows this week. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.

Rate on 30-year mortgage hits record low 3.40 pct.

In this Friday, Sept. 21, 2012, photo,a home is for sale in Oklahoma City. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates. Mortgage buyer Freddie Mac said Thursday, Sept. 27, 2012, the rate on the 30-year loan dropped to 3.40 percent. That's down from last week's rate of 3.49 percent, which was the lowest since long-term mortgages began in the 1950s. (AP Photo/Sue Ogrocki)Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.


Already signs Fed action is working: Boston Fed's Rosengren
QUINCY, Massachusetts (Reuters) - The Federal Reserve's decision last week to buy large quantities of mortgage-backed securities is already having a positive effect on wholesale mortgage rates, the president of the Federal Reserve Bank of Boston said on Thursday. Eric Rosengren, in a speech to a chamber of commerce in the Boston suburb of Quincy, also said the U.S. economy was clearly in better shape than some developed peers internationally, but still not strong enough to bring the unemployment rate down more quickly. (Reporting By Ben Berkowitz; Editing by Chizu Nomiyama)

Ahead of the Bell: Weekly mortgage rates
Loan buyer Freddie Mac reports Thursday on whether mortgage rates are continuing to hold near recent low rates.

U.S. mortgage refinancing applications rise as rates hit record low: MBA

A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of WashingtonNEW YORK (Reuters) - Applications for home mortgages dipped last week, though demand for refinancings rose as mortgage rates fell to a record low, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, edged down 0.2 percent in the week ended Sept 14. The seasonally adjusted index of refinancing applications gained 0.80 percent. The gauge of loan requests for home purchases, a leading indicator of home sales, tumbled 3.8 percent. ...


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