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25 Crazy Credit Facts…

It is absolutely insane the nutsy amount of credit information you can extract from the internet if you’re just surfing around!

From credit repair and credit card tidbits to just plain crazy credit facts you can find, like Crazy Credit Fact #22, Corpus Christi, Texas, residents have America’s worst credit scores!  Or that if you live in Nevada you are 8 times more likely to file bankruptcy than if you live in Alaska?

These certainly are in the category of “things that make you go hmmmm”!  They can make you all glossy eyed kind of like looking at Phyllis Diller.  Don’t tell me you don’t know her!  See the pic to the left?  Uh huh..

Anyways, I found these to be both interesting as well as entertaining.  I hope you enjoy…


Posted by Herschel Bentley on September 28th, 2010 :: Filed under Bankground Checks
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New Record Low for Mortgage Rates

According to a new survey released by Freddie Mac announced the lowest 30 year mortgage rate at 4.57%. These mortgage rates are linked to the yields on Treasuries and also the yields on mortgage-backed securities.

In an article for Reuters written by Julie Haviv:

While low rates and high affordability have helped the housing market gain ground, it has struggled in recent months given stubbornly high unemployment and mounting foreclosures. Home loan refinancing, however, puts more cash into consumers’ hands to funnel into the U.S. economy and could help many homeowners avoid foreclosure.


Posted by Nick on July 15th, 2010 :: Filed under Mortgage, News
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