Monday 03/29/10 ****************************** Update News

Current Mortgage Rates Update News on Monday, March 29, 2010, from www.RateAlertNow.com. Provides a daily comprehensive look at how current home loan rates and points were unchanged on Monday. Also offers a look at the potential impression on whether low rates will continue on home loans including home financing, home refinance and home buy as well as other residential real estate refinancing of all fixed rate mortgages from new news about March consumer confidence on Tuesday.

What Is the Name of the Site Where Private Individuals Put Up Small Loans for People?

loans

I saw a site last year that had people willing to make tiny loans for people…does anyone know what site that is?

It was people loaning money to others for equipment like tiny investments or taking board exams….so on and so forth.

It’s not a financial institution or related to the finance industry…it’s just people building loans to others without the hullabaloo most folks have to go through.

Thanks!

Can Collectors Call Your Workplace and How Often Before It’s Considered Harassment?

refinanced

Please only legal professionals answer. No guessing or opinions from anyone not knowing the LAW. I have a collection agency calling my husbands workplace, and now my workplace and my name isn’t even on whatever collection they are trying to make. We refinanced and paid all bills off obviously there is some issue with someone.

What Affect Does a Larger Down Payment Have on Mortgage Payments?

mortgage

I’m in the first steps of buying a condo, and I’m a bit baffled as to what a larger/smaller down payment in fact does to the mortgage payment. In all of the mortgage payment calculators I’ve gone to online, rising or decreasing the down payment has no effect on the monthly payment and only decreases the term. I am baffled because I set the term to 30 years, but its still changing the life of the loan.