Interest Rates Blogs - Page 1

Ilyce Glink Show notes - October 18, 2009 FDIC shuts down the 99th bank this year; FREE BOOKS and EBOOK DEAL; How to Profit from Foreclosures; Herman Cain show.

Ilyce Glink Show Notes September 20, 2009: Umemployment numbers up and down, job creation elusive; best time for prepaying mortgage; How to Profit from Foreclosures Event October 24, 2009. Use discount code: crystal; FREE BOOKS AND EBOOK DEAL. SEE BELOW FOR DETAILS. Taylor Bean Whitaker links;

NEW UPDATE 9/10/09: Today's update is an edited, condensed transcript of my conversation with BOA spokesperson Rick Simon. Cenlar is a legitimate loan servicing company and Roundpoint is NOT A SCAM. The situation is confusing, but not fake. 9/01/09 Yesterday, we reported that Bank of America taking over servicing rights for FHA loans and Ginnie Mae loans previously held by Taylor Bean and Whitaker Mortgage Company.Earlier this month, Taylor Bean and Whitaker Mortgage Company, which is owned by Colonial BancGroup shut its doors. Dozens of Taylor Bean and Whitaker Mortgage Company borrowers called the Clark Howard Show and Ilyce Glink Show to ask what they should do. Should they pay their old loans or new loans? How could they find out if their loans funded? The FDIC and Federal Reserve Bank have set up customer hotlines you can call to get information.

Today on the Clark Howard show, we discussed the new unemployment numbers. Ilyce talked about her upcoming How to Profit From Foreclosures event, on October 24th, and mentioned that Clark Howard listeners would get a special 2 for 1 offer on the Early Bird Special. Details of the offer are below. We also have FREE BOOKS and EBOOKS we're giving away. Thanks for listening to Newstalk 750 WSB.

Filling in for Clark Howard, Ilyce talked about the Deutsche Bank study that says 48 percent of homeowners could be underwater with their mortgage (owe more than the house is worth) by 2011, up from 26 percent now. But another study says home prices rose 5 percent in the last quarter. We'll discuss what's really going on. There's a new study out that says women want to shop and are tired of living the frugal life. Is that true? How do you feel about that? Mortgage rates fell to 5.22 percent (30-year fixed) for the first time in 3 weeks. Jobless claims fell to 550,000 last month, with continuing claims to 6.3 million. Are people falling off the unemployment rolls? FREE BOOK and EBOOK deals and a SPECIAL CLARK HOWARD DISCOUNT for the HOW TO PROFIT FROM FORECLOSURE EVENT.

Today on the Ilyce Glink Show, Ilyce talked with Ed Delgado, a Senior Vice President of Wells Fargo, Stacey Bradford, a blogger for MoneyWatch.com and author of the new book, the Wall Street Journal Financial Guidebook for New Parents, and John Wasik, Bloomberg Columnist and author of the new book, The Cul-de-Sac Syndrome.

Today on the Clark Howard Show, we discussed the following:

Recalls: Simplicity Cribs and Aqua Leisure baby floats were recalled this week. You can find out the latest recalls at Recalls.gov.

Jobs and Unemployment: We're at a 26-year high and the numbers aren't getting any better. National…

Sometimes you've got to know where you've been to know where you're going.

When the new credit card laws take effect in February 2010, do you know how things will change for your credit card rates and fees?

Bankrate.com has released a study that compares current rates, fees, and other fine print…

Today on the Ilyce Glink Show, we discussed refinancing your mortgage, and how in my mind, a successful refinancing focuses on the refinancing trifecta:

1. Can you shorten the length of your mortgage term? Can you cut the term of the loan from 30 years to 15 years? Or, can you go from a 25-year…

The latest survey from the Mortgage Bankers Association shows that mortgage rates are increasing as refinancing activity is continuing to drop.

Did you take advantage of the low mortgage rates before the started to rise? Did you refinance and lock in a low rate or did you miss your chance?

See the…