After a recent spike seen in mortgage rates, some consumers are wondering whether they've missed their chance to refinance into an ultra-low rate.
Fear not: While the conforming 30-year fixed-rate mortgage hit a daily average of 5.81% last Thursday, it averaged 5.53% on Tuesday, said Keith Gumbinger, vice president of HSH Associates, a publisher of consumer loan information. And it's possible th
Read More
Upcoming News
2 Votes
Mortgage Rates: Not at a Floor Yet, Some Experts Say
Posted by
melvin 228 days ago
Home Loans
1 Vote
Home Equity Calculator - How much home equity do you have?
Posted by
melvin 228 days ago
EMI Calculators
Many homeowners decide to take the equity they have in their home and put it to work for them—often borrowing against it for college tuition or home improvements. If you're thinking of tapping into your home equity, it's a good idea to know what you have to work with. Use the Home Equity Calculator to estimate your current and future home equity so that you can make smarter choices for how to use
Read More
2 Votes
Payday Loans: Do Borrowers Know What They're Getting?
Posted by
melvin 228 days ago
Personal Loans
There's been a lot of finger-pointing lately about who is to blame for the untenable financial circumstances of many American families. Among the usual suspects--Wall Street quants, fly-by-night mortgage brokers, the households themselves--none is an easier target than payday lenders. These storefront loan sharks are portrayed by their detractors as swindlers preying on the desperation and ignora
Read More
2 Votes
PNC tightening Nat City mortgage processing network
Posted by
leonard 228 days ago
Home Loans
PNC Financial Services Group Inc. plans to consolidate more than 90 National City Mortgage processing operations into two offices in Pittsburgh and Chicago. CEO Jim Rohr disclosed the plans for the consolidation in a discussion with securities analysts this week.
Read More
1 Vote
HDFC Bank loans set to turn cheaper
Posted by
leonard 228 days ago
Interest rates
Mumbai, July 20: HDFC Bank — the country’s second largest private sector bank — has brought down its benchmark prime lending rate (BPLR) by 25 basis points to 15.75 per cent. The revised rate will be effective from today.
Only last week, HDFC Bank had reduced interest rates on its deposits of varying maturities. Read More
Only last week, HDFC Bank had reduced interest rates on its deposits of varying maturities. Read More
2 Votes
Banks eye bigger slice of education loan pie
Posted by
leonard 228 days ago
Educational Loans
When Shikha Mutreja went to a loan mela looking for an education loan to fund a master’s programme at the School of Oriental and African Studies in London, little did she know that she would have so much choice.
Read More
1 Vote
Loans to individuals not rising at HDFC
Posted by
leonard 228 days ago
Home Loans
Housing Development Finance Corp. Ltd’s (HDFC) profit after tax for the June quarter was up 20% year-on-year (y-o-y) to Rs779.92 crore, but a part of that increase is due to gains from sale of investments. If that amount is excluded, the y-o-y rise in profit before tax (PBT) is 12%.
Read More
2 Votes
Monthly auto loan payment calculator
Posted by
leonard 228 days ago
EMI Calculators
Calculate your monthly auto loan payment. Click on the "?" next to the input box for an item to get help on that item. Looking for more personalized rates? First compare rates in your area, then return to our auto loan payment and amortization calculator.
Read More