Archive for the 'News' Category

USA Consumer Debt Declining But Still over $2.4 Trillion

One of the few good recent results of the economy has been a continuous decline in consumer debt. Consumer debt fell for the 8th consecutive month, for the first time, in September, declining by $15 billion.
Consumer debt grew by about $100 each year from 2004 through 2007. In 2008 it increased $40 billion. [...]

4.5% Mortgage Rates Why Not To Wait

There has been plenty of talk recently about 4.5% rates for mortgages.  While right now it is nothing but a campaign promise, or a blast of hot air.  The talk has been helpful at lowering rates, but not to 4.5%.  Rates are as low as they have ever been period.  But, waiting for the fantasy [...]

LifeLock Article – Be Alert For Identity Theft

I have a Google Alert set for LifeLock since it is a great source of stories about identity theft, but recently there has been loads of coverage of the LifeLock race cars.   Not stories I care to read about.  Today a story caught my eye, it was from the North Platte Telegraph.  Why did it [...]

2009 New York FHA Loan Limits

The FHA loan limits for 2009 have been released.  So what are the new maximum limits for 2009 FHA for New York state?  Here is a list by county, and the number of units:
Bronx County NY $625,500-1 unit, $800,775-2unit, $967,950-3unit, $1,202,925-4 unit
Kings County NY $625,500-1 unit, $800,775-2unit, $967,950-3unit, $1,202,925-4 unit

Nassau County NY $625,500-1 unit, [...]

Identity Theft Humor

I got an email today “Watch out for identity theft”, almost didn’t want to open it, it was marked that it had an attachment and I figured it was up to no good, but it was from someone I trust, so…  Here is what I found, a little humor.
Scroll down to see all of the [...]