Chase Bank announced the 20 businesses who will receive Mission Main Street Grants of $150,000 each to help them grow. Owners or representatives of the winning 20 companies will attend a trip to Google’s headquarters in California for a small … Continue Reading
The Federal Housing Administration is hoping many Americans will refinance their mortgages after announcing significant reductions in the cost of financing a home. However the banks that hold these loans are running scared. The banks could stand to lose a large percentage … Continue Reading
Mortgage rates have continued to meander downward through this week, getting into the range of 4.25 percent to 4.5 percent on a 30-year fixed loan. This spread hasn’t been realized since the beginning of the month, so it shows how … Continue Reading
The San Francisco Fire Credit Union is currently offering an auto loan rate of 2.24 percent, which is at least a half point to a full point lower than most banks (http://www.sffirecu.org/loans/vehicles/auto). The rate is eligible for purchases up to … Continue Reading
After the emotional fuss on the Federal Reserve’s tapering of mortgage-backed securities purchasing a few weeks ago, the hot air is coming out of the balloon. Mortgage rates continue a slow but steady drop this week from their highs of … Continue Reading
Have you ever heard of the Institution for Savings? Don’t feel bad if the answer is “no,” most people haven’t. However, the Institution is a bona fide savings institution that offers certificates of deposit, many times at rates higher than … Continue Reading
Going into the holiday weekend caused a surprise bump in mortgage rates prior to July 4, especially given their recent slip from the heights of 4.75 percent down to below 4.5 percent by Tuesday of this week. Instead, the 30-year … Continue Reading
