Tags » Lending

Pending Home Sales Lowest Since 2011

With mortgage interest rates rising, this February the number of Americans signing home purchase contracts fell to its lowest since October, 2011, said the National Association of Realtors… 7 more words


Making The Village Stronger…One Act of Kindness at a Time

Never lend more than you can afford to give is good advice.


Freddie Mac: Mortgage Rates Fall to 4.27 Percent

Average fixed mortgage rates declined for the second straight week, bringing them to a six-week low—and easing affordability conditions slightly as the homebuying season gets under way. 223 more words

Credit Default Rates Fall Again in March

Data through March 2014 found that national credit default rates declined for the month, according to the S&P/Experian Consumer Credit Default Indices. The two groups offer a comprehensive measure of changes in consumer credit defaults. 9 more words


Ellie Mae: Lenders Close on Greater Share of Mortgages in March

Lenders closed on a greater share of mortgages last month compared to February—and they did it at a faster pace, according to mortgage software provider  15 more words


Freddie Mac: Mortgage Rates Fall to 4.27 Percent

Per Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed rate mortgage (FRM) this week averaged a rate of 4.27 percent (0.7 point), down from 4.34 percent last week. 33 more words


Who is likely to make a bank term deposit?

Here is challenge where a bank is trying to determine who is a good prospect for a bank term deposit. The results presumably would be used to guide a telemarketing campaign to zero in on those prospects and get the best response for the effort.

Artificial Intelligence