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February 27th, 2010

A Snowy Weekly Recap

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Between clearing the snow off our cars and shoveling out our driveways, we managed to find time to keep the blog running business as usual. Here is a recap of the posts we published this week:

Friday:

How Much Does a Snow Storm Cost?“: In a matter of hours, some experts say a heavy snow can cost into the billions.

Thursday:

Are Reverse Mortgage Counselors Under-Qualified?“: A relatively recent test may make it appear that way, yet we’re not so sure that’s the case.

Wednesday:

The New ARM Debate“: Does the forecast for rising rates signify that it’s time for ARM borrowers to refinance into a fixed-rate loan? Not exactly.

Tuesday:

What the New Credit Card Rules Mean for You“: The credit card industry is in a constant state of change. The CARD Act, signed by President Obama in May of 2009, is dishing out its new mandates for credit card companies in three phases. Part two went into effect on February 22, 2010.

Monday:

Mortgage Rates Increase Slightly as Fed Makes Moves“: While it may seem like the Fed’s decision to raise the Discount Rate by a quarter percentage point (0.25%) came out of nowhere, the Central Bank had been planning the move for weeks. Regardless of when the decision was made, mortgage rates nudged higher after the information was released.

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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