Mortgage Rates To NEW All-Time Lows

Mortgage Rates moved slightly lower today but it was enough to officially hit new all-time lows.  Some perspective is in order though.  Certain lenders' rates are unchanged on the day, and some are even slightly higher, but the average moved lower. 

How to choose The Best Credit Card

The terms "mileage" and "cash-back" are often bounced around when talking about credit card rewards programs, but not many people understand their full meaning. The fact is, many people are enticed by the rewards program a credit card has to offer.

Mortgage Refinancing, support bank's for you !

Nearly 80 percent of all mortgage applications are for refinancing now, according to the Mortgage Bankers Association, a near-record level. Why is the figure so high? Two reasons. First, demand for refinancings is up because homeowners want to take advantage of the historic low interest rates to reduce their monthly payments. Second, there are still very few new purchases as the housing market tries to recover. “When rates go down, it doesn’t spur homebuying, it spurs refinancing,” says Guy Cecala, publisher of Inside Mortgage Finance.