Finance and Economy Archive


30-year Fixed Rates Continue Month-Long Decline

Tuesday, July 14th, 2009
RISMEDIA, July 15, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.26 percent, down from 5.40 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com . Meanwhile, rates for ...


Realtor/Foreclosure Avoidance Educator Announces Agreement with Michigan Association Of Realtors

Monday, July 13th, 2009
RISMEDIA, July 14, 2009-Meeting the demands of a changing market and economy, industry leader Will Weaver announces an agreement with Michigan Association of Realtors to train Michigan Realtors how to help Homeowners seeking to Avoid Foreclosure in this tough Economy. In addition Will Weaver and Michigan Association of Realtors have ...


Are Brokered CDs too Good to be True? Look Closer

Monday, June 29th, 2009
RISMEDIA, June 30, 2009-(MCT)-William Katker thought he was playing it safe and smart when he parked some retirement money last year in a high-yield certificate of deposit he purchased through his stock brokerage. Katker's government-insured six-month CD had an annual percentage yield of nearly 4%, which easily beat the returns ...


My Credit Score Dropped 87 Points Because of Me

Tuesday, June 9th, 2009
RISMEDIA, June 10, 2009-Everyone has become more concerned about their credit scores these days, especially when a better score can result


Fair Mortgage Collaborative Launch to Help Restore Public’s Faith in Home Lending

Monday, June 8th, 2009
RISMEDIA, June 9, 2009-As the costly burden of predatory lending and mortgage foreclosures continues to ravage families and neighborhoods across the United States, the "Fair Mortgage Collaborative" (FMC) is being launched on June 10, 2009 by mortgage lenders, foundations (including the Ford Foundation and Calvert Foundation), and advocacy organizations (such ...


Reinvent Now, But How?

Saturday, June 6th, 2009
RISMEDIA, June 6, 2009-Recently in this column, I offered some suggestions to address the need to recruit the real estate agent of tomorrow, the need to reduce your physical "footprint" and the need to have an integrated technology strategy. Most would agree all these things are necessary, however, I sense many people are "frozen."


NAHB – Bolstering GSEs Key to Future of Nation’s Housing Finance System

Thursday, June 4th, 2009
RISMEDIA, June 5, 2009-In contemplating the future status of housing government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, the National Association of Home Builders (NAHB) told Congress it is critical for the federal government to provide a backstop to the housing finance system to ensure a reliable and adequate ...


‘Green’ Buying Remains Strong

Sunday, April 19th, 2009
RISMEDIA, April 22, 2009-The economy has not dampened the green commitments of most U.S. consumers, according to a recent national poll in which more than two thirds of those who purchase "green" products or services said their "green" buying habits are unchanged and one quarter said they've actually increased their ...


56% of Americans Say News Paints Mixed Economic Picture

Sunday, April 19th, 2009
RISMEDIA, April 22, 2009-The proportion of Americans saying they are hearing a mix of good and bad news about the economy - rather than mostly bad news - continues to steadily increase. ...


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