Tag Archives: low interest mortgage

Obama’s Refinancing Plan Causes Mortgage Bonds To Fall In Value

President Obama’s plan will make it easy for homeowners who are underwater on their mortgage to refinance into a low-interest mortgage. This is pushing down the value of mortgage-backed securities and increasing pressure for a rise in mortgage interest rates, … Continue reading

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Debt Relief For Those With Decent Credit

If you are making minimal payments on your credit cards, here are some options: 1. Consolidate via credit cards. If you have a decent credit score, consider taking advantage of a lower-interest transfer offer. However, bear in mind several factors: … Continue reading

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