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Car Premiums Driven Up By Uncovered Car Owners
Law-abiding motorists throughout the UK are being hit with inflated car insurance premiums because of the growing number of motorists trying to get away with driving without insurance.
Such is the claim of Graeme Trudgill, the technical and corporate affairs executive at the British Insurance Brokers’ Association. In recent comments, he informed motorists that they are [...]
Countrywide Mortgage Foreclosures Are Up – What This Means To You
Countrywide Mortgage foreclosures are up. As of February 2007, the company reports that foreclosures have doubled from this same time a year ago. They attribute the rise to more lenders tightening the requirements for their loans and the appreciation of homes becoming sluggish.
Subprime lenders, who loan people with challenged credit money to buy a home, [...]
After Hitting Historic Lows Mortgage Rates Jump Up
After falling for the last 2 months 30 year mortgage rates jumped up this week. The 30 year mortgage went from 5.10 to 5.25. This is the highest we have seen December 11, 2008. The 15 year mortgage moved up as well from 4.80 to 4.92. Below are rates for the [...]
Mortgage Rates Move Up For First Time In 3 Months
All good things must come to an end. After 12 weeks of falling rates interest rates went up this week. The 30 year rate went back above 5 jumping from 4.96 to 5.12. Below are rates from the last few weeks and October 30 which was when rates first started to fall.
Jan [...]
Bad Credit Mortgages Can Be The Best Way to Clean up Your Credit
Maybe you have been turned down for a mortgage, loan or credit card recently and its probably because you have bad credit like millions of Brits. There is no doubt about it, the UK is swimming in bad debt. But if you want to pull yourself out of this quagmire and get back to winning [...]
Mortgage Interest Rates Jump Up
After several weeks of staying relatively flat mortgage interest rates jumped up this week. 30 Year mortgage went from 6.09 to 6.32. 15 Year Mortgage moved from 5.65 to 5.93. 5 Year rates went from 5.51 to 5.70. The only rate that was somewhat stable was 1 Year Arms which went [...]