Skip to main content

No big changes in mortgage rates this week: Long- and short-term rates all lower than same time last year

Apr 10, 2008

Consumer credit site to launch at ABA meetingMortgagePress.comAmerican Bar Association, SafeBorrowing.com, Consumer Financial Services The American Bar Association Section of Business Law has launched its SafeBorrowing.com site at its spring meeting in an effort to increase financial literacy. A creation of the sections Consumer Financial Services Committee, SafeBorrowing.com offers free information online to help borrowers better understand the risks and obligations of using consumer credit. The site is developed to include content crossing the credit card, home financing, student loan and automobile lending industries, creating a comprehensive, single-source site. When you sign a contract to take out a loan, what you dont know absolutely can hurt you. Borrowers must know their rights and responsibilities under the law, said ABA President William H. Neukom. SafeBorrowing.com has outstanding resources to help people protect their finances and their credit. From providing tips to avoid a foreclosure rescue scheme to deciphering credit card disclosures to explaining the types of federal student loans available, SafeBorrowing.com aims to give consumers the tools necessary to make wise financial decisions, said Donald Lampe, chair of the sections Consumer Financial Services Committee. Additional site features include a glossary of terms at the end of each section, helpful points to consider and links to other resources. For more information, visit www.safeborrowing.com.
About the author
Published
Apr 10, 2008
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024
Comings And Goings At AmeriHome

Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.

Mar 22, 2024
Rocket's Tim Birkmeier To Retire

Birkmeier is bidding farewell after a 28-year career at Rocket Companies.

Mar 21, 2024
How NAR’s Settlement Impacts Homebuying

While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.

Mar 19, 2024
NAR Reaches $418 Million Settlement

The association agreed to give home sellers the option of compensating agents.

Mar 15, 2024
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports

As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.

Mar 14, 2024