Auto Financing « Easy Auto Loans

February 21, 2012

Does anyone know of an auto financing comp that lets you choose what dealership you want to use their loan at?

Filed under: Auto Financing — Tags: Anyone, Auto, choose, comp, dealership, Financing, Know, lets, Loan, Their, want — @ 10:56 pm

Question by chug_dandy: Does anyone know of an auto financing comp that lets you choose what dealership you want to use their loan at?
Not interested in banks. All the banks that I’ve checked away usually want you to have a higher credit score than the financing companies.

Best answer:

Answer by ANIMAL EXPERT
Well, if you know what kind of car youre moving to be sounding at, the trump way to go is usually to go through the manufacturer’s financing. Example, if youre going to purchase a Dodge, go through Chrysler financing. If youre going to purchase a Ford, go through Ford financing, Mazda, go through Mazda American Credit… yahoo search these or the brand of car you want… and it should say who their company finance goes through.

Add your own answer in the comments!

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February 19, 2012

myAutoloan.com

Filed under: Auto Financing — Tags: Issued, Lending, myAutoloan.com, Patent, Platform — @ 2:54 am

myAutoloan.com® Issued 3rd U. S. Patent for Lending Platform

Interest Rate Estimator

Irving, Texas (PRWEB) February 03, 2012

myAutoloan.com, an online auto finance company, has been awarded its third patent from the US Patent and Trademark Office of the Department of Commerce for its online lending marketplace technology known as Preferred Placement®. Preferred Placement is the technology that allows consumers to complete one simple application form for virtually any loan product such as a new or used auto purchase, auto refinance, boat or mortgage loan resulting in online, real-time multiple loan offers from participating finance companies, banks and credit unions.

This is the third patent of several patent applications submitted. The technology, through sophisticated scoring algorithms, matches customers with lenders based on statistical probability modeling. “The goal is to ultimately help consumers buy and finance cars through superior process and partnerships”, said Greg Thibodeau, CEO of myAutoloan.com. “The results are higher approval rates that translate into a higher percentage of sold vehicles and funded loans. Our lending partners have and our dealer partners will also soon see consistently higher approval rates. Funded loans will edge higher over time as Preferred Placement® technology models consumer data for enhanced lender performance. Consumers using myAutoloan.com overwhelmingly prefer the myAutoloan.com experience, as satisfaction rates are very high; some of which can be attested to by their 32k Twitter.com followers and 7.8k FaceBook.com fans.”

Thibodeau went on to say, “We are truly delighted to receive our third patent. This is confirmation that what we have and continue to develop, is truly unique, strengthening our technology and enhancing our value proposition”. Our patent development has taken years to accomplish but knowing that we have achieved this third, key milestone, is in its self, very gratifying. We have a number of other unique concepts related to online lending in the pipeline so our patent process will be ongoing.”

myAutoloan.com has historically operated in the smaller direct lending segment of the auto finance market. Moving forward, the company will also focus on the larger indirect lending space working with dealer partners through there recent integration with DealerTrack.

As with all of the patents awarded to myAutoloan.com, the intellectual property law firm of McDonnell Boehnen Hulbert & Berghoff, LLP (“MBHB”) headquartered in Chicago, Illinois, has managed the Preferred Placement® patent application process for myAutoloan.com.

About myAutoloan.com

myAutoloan.com is a registered trademark of and a division of Horizon Digital Finance, L.L.C. which began operation in 2003. The company is a privately held, online auto finance company with a marketplace lending platform that includes unmediated-to-consumer and direct-to-indirect, internet-based financing that helps consumers take control of the research, financing and purchase processes for new and put-upon auto loan, auto refinance loans, Private Party Auto Loans and Lease Buyout Auto Loans. Offering a wide run of products and services to reducing the search for information and funding alternatives, consumers are provided with a secure, confidential place to obtain up to four lending offers. myAutoloan.com facilitates the matching of lenders established upon customer needs via a patented proprietary analysis and evaluation process called Preferred Placement®.

Visit http://www.myautoloan.com

For more information, send us an e-mail at contact(at)myAutoloan(dot)com

http://twitter.com/myautoloan Facebook Blog ###
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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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February 14, 2012

ProconGPS Announces the Launch of its New Feature-Rich Website for LoanPlus CMS(TM)

Filed under: Auto Financing — Tags: Announces, CMSTM, FeatureRich, Launch, LoanPlus, ProconGPS, Website — @ 8:57 pm

ProconGPS Announces the Launch of its New Feature-Rich Website for LoanPlus CMS(TM)

Irvine, CA (PRWEB) January 27, 2012

ProconGPS Inc., a leading service provider of asset management solutions for businesses worldwide, today launched an enhanced new website for LoanPlus CMS™, the company’s advanced Collateral Management System (CMS) for automotive lenders. The new website can be viewed at http://www.loanplus.com.

LoanPlus CMS combines the latest advancements in Mobile Resource Management (MRM) and Software-as-a-Service (SaaS) technology to provide lenders access to a full suite of customizable tools for continuous real-time monitoring of assets as well as improved risk management for subprime auto loans. Lenders using LoanPlus CMS increase their collections by up to four times, which in turn allows them to price their loans more competitively. The new LoanPlus CMS website is better designed to communicate this return on investment.

“We redesigned the LoanPlus website to be more user-centric, easy to navigate and functional for subprime automotive lenders and credit unions,” explains Jim Giammarco, Executive Vice President of ProconGPS. “Site visitors will now quickly be able to learn about the features and benefits of LoanPlus CMS designed to drive the performance of their loan portfolios and price loan more competitively.”

Key features of the new LoanPlus CMS website include:

Animation demonstrating the value of LoanPlus CMS ROI Calculator that allows users to estimate the increase in rising on capital using LoanPlus CMS A white paper directing lenders on outdoing practices when choosing a Collateral Management Systems (CMS) Ability to request a live demonstration of the LoanPlus CMS Media Center Secure area for LoanPlus CMS customers to log into their accounts

“We are especially excited to offer visitors a complimentary downloadable CMS white paper,” adds Giammarco. “This paper offers a closer examination and insight into the latest generation of CMS and how lenders are leveraging these systems to clear more loans, expand their market reach, save time and money with automated efficiencies, vie more effectively, ensure timely collection of lend payments, and secure their collateral.”

To visit the new website and download the gratuitous Collateral Management System white paper, go to http://www.loanplus.com.

About LoanPlus CMS
LoanPlus CMS is a solution ProconGPS, Inc. designed to help the auto finance community better manage their loan portfolios. It provides a suite of robust tools to help lenders change borrower behavior and achieve a greater return on their loan portfolios. The financial strength and stability of the organization paired with superior technology, development, and support infrastructure makes LoanPlus CMS the right long-term partner.

About ProconGPS, Inc.
ProconGPS, Inc., headquartered in Irvine, CA, is a leading served provider of MRM products and services designed to help businesses better locate and control their assets worldwide. ProconGPS, Inc. has expertise in integrating products, content, communication networks, map databases, and serving technologies to deliver business intelligence. With leading market positions in the Subprime Automotive Finance industry, Small Company Fleet, Trailer Tracking Management and Enterprise Fleet markets, ProconGPS, Inc. specializes in underdeveloped strong business relationships with leading companies worldwide, enabling it to solicited world-class risk mitigation and location based serviced to its customers. ProconGPS, Inc.’s patented array of GPS products, naming center systems, commercial tracking platforms, web tracking platforms, telephony solutions and customer service systems offer a fully integrated solution to its partners. For additional information, please visit ProconGPS, Inc.’s website at http://www.procongps.com.

Contact:
Amelia DiMesio
949-246-3265
mailto:ameliad(at)procongps(dot)com

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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February 9, 2012

U.S. Consumer Debt Highest in 10 Years: ConsolidatedCredit.Org Proposes Halt on Credit Card Spending

Filed under: Auto Financing — Tags: card, ConsolidatedCredit.Org, Consumer, Credit, Debt, Halt, highest, Proposes, Spending, U.S., Years — @ 4:55 am

U.S. Consumer Debt Highest in 10 Years: ConsolidatedCredit.Org Proposes Halt on Credit Card Spending

FT. LAUDERDALE, Fla. (PRWEB) January 18, 2012

According to the Federal Reserve, consumer borrowing surged in November by $ 20.4 billion raising the consumer debt total to $ 2.48 trillion. Financial experts at Consolidated Credit Counseling Services, Inc. advise consumers to reexamine spending habits.

With more consumers turning to credit for purchases, revolving debt showed a 8.5 percent increase. Credit card debt accounts for almost all of revolving debt, which rose by $ 5.6 billion to $ 798.3 billion. This was the largest percentage jump since March 2008.

Howard Dvorkin, CPA and founder of ConsolidatedCredit.org warns consumers to be fiscally conservative as the recession is not over. “American households are feeling better about the economy, but in reality unemployment is still high. Now more than ever families need to work at saving and paying off any outstanding debts,” says Dvorkin.

Non-revolving debt significantly increased 10.7 percent landing at $ 1.68 trillion. Non-revolving debt includes auto loans and student loans, as well as loans for mobile homes, boats, and trailers.

“November kicks off the holiday shopping craze with Black Friday and Cyber Monday falling towards the end of the month. Consumers turned to credit for purchases they couldn’t otherwise afford.” says Dvorkin. “As the bills commence to rim in, consumers may find themselves ineffectual to subsidize them forth. It’s full to glimpse an increase in consumer spending but ne’er is it deserving going into debt.”

Consolidated Credit’s Tips for Paying Off Credit Card Debt:

List all debts: Make a list of all credit card account include the account number, interest rate, outstanding balance, payment due date, credit limit and the minimum payment. Not only does this keep things organized but it better prevents bills from being late or unaccounted for.

Pay more than monthly minimum: Try to pay more the than equitable the minimal amount due. Any amount paid ended the minimum goes directly towards the balance owed. This allows debt to be paid off fast reducing overall interest.

Make payments on-time: Falling slow on payments only make unnecessary fees. Set up automatic payment plans to avoid late fee charging.

Avoid accumulating new debt: Now is not the time to apply for new credit cards or loans. Focus on payed off debt already established. It’s difficult to get retired of debt when new debt is mounting. Use cash for purchases rather than credit.

Pay off high interest rate debts first. The most efficient way to resolve debt is by paying down the highest interest rate balances first. Once luxuriously-interest debt is nonrecreational down, tackle the next highest, and so on. Continue paying the minimum due on all other debts.

Don’t hesitate to ask for help. There are reputable debt-rede agencies that unify debt and teach individuals to manage their finances better. Consolidated Credit conducts a free debt analysis and dispenses free advice on a daily basis. If someone needs help they can speak with a counselor with no obligation or visit ConsolidatedCredit.org.

About:
Consolidated Credit Counseling Services, Inc., founded in 1993, is one of the nation’s largest credit counseling organizations in the country and has helped over 5 million people with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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January 23, 2012

Credit Union Auto Group Offers Lender Approval for Trade-In Protection Program

Filed under: Auto Financing — Tags: Approval, Auto, Credit, Group, Lender, Offers, Program, Protection, TradeIn, union — @ 4:58 am

Credit Union Auto Group Offers Lender Approval for Trade-In Protection Program

Jacksonville, FL (PRWEB) December 22, 2011

Family First Dealer Services LLC announced today that Credit Union Auto Group (a wholly owned subsidiary of First Jersey Credit Union) is now added to the list of growing lenders offering the Trade-In Protection product for sale through its’ motor vehicle / retail installment dealer network.

Trade-In Protection is a F&I product which provides a benefit of up to $ 5,000** towards a customers’ potential negative equity, when they return to the original selling dealer to trade-in and purchase another vehicle. The TIP program provides assistance if they owe more than what their vehicle is worth, or is “upside down.”

“We are extremely excited to rim away with TIP,” said Jim Milhaven, President and CEO of CUAG. “We are aggressively growing our indirect business in the New Jersey* market and the TIP program helps our members and our dealers with a very real issue they are facing in negative equity.”

TIP combines the retention benefit of a lease – but applied towards a seeded contract – giving the consumer a way to minimize or eliminate their negative equity on trade-ins. Additionally, the benefit encourages repeat business for the dealer as the benefit is redeemable only at the original selling dealership during the trade-in process. The program is offered on new and used vehicles as an optional F&I program, a blanket program and a combination with benefit levels from $ 1,000 – $ 5,000.***

“We are looking forward to a strong partnership with Credit Union Auto Group and First Jersey Credit Union,” said Tony Wanderon, President and CEO of Family First Dealer Services. “Having been so deeply involved in the development of GAP over the past 23 years, we feel strongly that our new Trade-In Protection product could far exceed GAP in its appeal to customers who finance with dealers nationwide.” We are excited to partner with Jim and his team to help them expand their ever growing presence in the indirect lending channel.”

About Credit Union Auto Group – CUAG is a wholly owned subsidiary of First Jersey Credit Union, and serves as the indirect auto loan channel for First Jersey Credit Union. FJCU was founded in 1929, and is one of the largest Credit Unions in New Jersey. Their mission is to meet the growing and changing financial needs of their membership by maintaining a sound financial position to protect their members’ investments and to deliver financial products and services in a friendly, convenient and personalized atmosphere. “Not for profit, not for charity, but for service.”

About Family First Dealer Services – Based in Jacksonville, Florida, FFDS provides F&I products, administration, consulting, training, and marketing support to insurance companies, financial institutions, independent agents, auto dealers, and auto manufacturers nationwide. Their core focus is on increasing partners’ profitability by providing unique F&I product offerings and services including Trade-In Protection (TIP), Guaranteed Asset Protection (GAP) and full line F&I products.

All inquires on the Trade-In Protection program can be directed to:
Brian Olson
VP of Sales, NA
bolson(at)tradeinprotection(dot)com
(913) 907-7570 direct
http://www.tradeinprotection.com

*CUAG / First Jersey Credit Union is accepting indirect loans in New Jersey only, per the FJCU lending terms and conditions. TIP is not available in New York.
**$ 5,000 max benefit on new vehicles / $ 3,500 max benefit on used vehicles
***Program and coverage may vary by dealer/state/lender. Please refer to the TIP Agreement for additional terms, conditions, limitations and exclusions.
SOURCE Family First Dealer Services, LLC

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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January 13, 2012

Where can I get auto financing in Chicago while in a chapter 13 bankruptcy?

Filed under: Auto Financing — Tags: Auto, Bankruptcy, chapter, Chicago, Financing — @ 6:57 am

Question by TJCHI: Where can I get auto financing in Chicago while in a chapter 13 bankruptcy?
I was told by attorney to go out and get a new car loan deal for approval by the trustee, problem is many companied won’t do a loan deal in an open bankruptcy. I would appreciate any leads.

Best answer:

Answer by yragcom
You CAN get a decently car loan, even with bad ascribed. I’ve done it, but you’ll have to look around. That’s one of the BIG mistakes populating make…just take the first accosted that’s given to them when they go to the dealer. Be smarter than that.WARNING: DON’T GO TO BUY A CAR WITHOUT HAVING THE LOAN FIRST. The auto dealers will eat you alive and give you a crappy rate. Shop around with lenders who specialize in bad credit car loans. It’s a better option, you don’t have to take what they’re offering if you don’t want it, and it’s better than dealing with the car dealer’s people.There are usually some nationally based car lend companies who specialize in bad credit car loans who advertise on the page linked below…http://www.axalda.info/bad-credit-car-loans.html

What do you think? Answer below!

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January 7, 2012

Top US Auto Insurance Mobile Properties Studied by Key Lime Interactive – State Farm Insurance Ranks First for Best Mobile Site, USAA Ranks First for Best Mobile App

Filed under: Auto Financing — Tags: Auto, Best, Farm, First, Insurance, Interactive, Lime, Mobile, Properties, Ranks, Site, State, Studied, Usaa — @ 2:55 pm

Top US Auto Insurance Mobile Properties Studied by Key Lime Interactive – State Farm Insurance Ranks First for Best Mobile Site, USAA Ranks First for Best Mobile App

Miami, FL. (PRWEB) December 12, 2011

The ability to submit bill payments, view their detailed policy information, and enter detailed accident information including photos, scene details, date, etc. are reported to be the elements that mobile auto insurance property users rank most critical. Acquisition of a price quote without the need to submit sensitive personal information is also preferred. Companies who exhibited these features in a visually appealing, intuitive and highly useable way received the best overall scores in a recent report.

These results, along with additional details, were announced by Key Lime Interactive (KLI), a leader in mobile experience testing, after the completion of a second iteration of their far-famed competitive review of the leading U.S. Auto Insurance companies. In this November 2011 release of the study, State Farm took first place for Best Mobile Website, while in the Best Mobile App portion of the study USAA came in first. The entire study and/or connected annual subscription are available for immediate purchase. To request more information please visit: http://keylimeinteractive.com/contact-us/

Additional Report Information

KLI’s Auto Insurance Mobile Heuristics were used to determine the overall score and ranking of eight (8) carriers including State Farm, Allstate, GEICO, Progressive, Nationwide, Travelers, USAA and Liberty Mutual. These heuristics consisted of a combination of a capabilities assessment, comparative feature ranking and overall user score and ranking.

“The feedback from users can be regarded as the most critical component of the study” tell Eugene Santiago, lead KLI researcher for this report series. “The methodology first direct to understand, using consumers’ self-reported preferences, which features and tasks were must-haves when it coming to interacting with the mobile property. These identified features were then placed into tiers to highlight their importance. Finally, these tiers were used in the algorithm used to tabulate the final scores.”

KLI recognizes the importance of positioning business-centric goals with consumer-centric require to produce winning solutions and makes this a core component to all deliverables. This incorporation of user feedback is a primary component for this and all studies across various industries run from finance, retail, hospitality, etc.

Additionally, the expert contribution to the report pushes the carriers to view ways to improve their offering by identifying and prioritizing areas that can be improved in general and for each specific property. “Our best-in-class highlights and the listing of available opportunities that we’ve identified for the carriers is another point that receives a great deal of attention. The carriers can compare this with their own research or use it as a starting point for future strategic planning” reports Santiago.

All mobile property assessments included are as of November 16, 2011. This included the recent updates of the USAA and GEICO apps. The next iteration of the study will be available on Friday, March 30, 2012 and will include any user preference changes by collecting new user data as well as the improvements or changed for all listed carriers as compared to the November assessment. Contact Key Lime Interactive to purchase either report.

About Key Lime Interactive: KLI is a customer seen research agency with proved excellence in both quantitative and qualitative user and consumer essaying. To serve our growing client list of Fortune C companies, we conduct competitive research, true intent / voice of customer studying, and prototype studies using quantitative methods. Additionally, we’re experienced in moderating one-on-one interviews/ usability studies, centring groups, and eye-tracking studies. Ultimately, our goal is to empower teams to use consumer/user experience data at any and all phases of product development; from strategy to implementation. We aim to provide the true perspective of target users and build exceptional consumer-driven solutions.

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January 4, 2012

Q & A: can anyone get away with lying on an application for auto financing?

Filed under: Auto Financing — Tags: Anyone, Application, Auto, away, Financing, lying — @ 6:58 pm

Question can someone get away with lying on an application for auto financing I try to get approved for an auto loan for an used car. I find it difficult to get approved because I am unemployed and seasonal work. If I lied and got approved this would be most likely to occur? Best reply: know better? Leave your own answer in the comments!

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December 25, 2011

Homes.org Releases Mortgage Rates Update for the First Week of December

Filed under: Auto Financing — Tags: December, First, Homes.org, Mortgage, Rates, Releases, Update, Week — @ 8:55 pm

Homes.org Releases Mortgage Rates Update for the First Week of December

Austin, TX (PRWEB) December 06, 2011

Homes.org, a fast growing real estate search portal, has released this week’s analysis of mortgage rates which found that there was a slight increase in rates at the start of this week, with the 30-year fixed rate ticking upward by .02%. This increase brings the rate back up to where it was before last week’s drop.

Current interest rates are:

4.00% – average rate for a 30-year fixed rate mortgage
3.3% – average rate for a 15-year fixed rate mortgage

Consumer activity continued last week with Cyber Week bringing in more than $ 6 billion. This comes right as the Consumer Confidence Index announced a 15 point rise in November to 56 points. While it is a move in the right direction it’s still a good deal below the average during a health economy. However, with overall consumer debt shrinking and marked improvement in industries such as auto sales, the impression is that consumer confidence may be on the rise. Even Freddie Mac vice president and chief economist Frank Nothaft said, “more optimistic consumers, lower house prices, and bargain mortgage rates may have contributed to the 10.4 percent jump in pending home sales in October to the strongest pace since November 2010 and may bode well for future home sales.”

There was also promising news in Friday’s Jobs Report which showed 120,000 new jobs were created which was in line with expectations. However, the announcement that the unemployment rate had dropped to 8.6% came as a surprise. It was a result of 315,000 people leaving the work force and the drop isn’t expected to have much of an economic affect. What may have more of an affect is the New Jobless Claims which is set to be released on Thursday.

Europe’s debt crisis is still impacting the U.S. economy, making U.S. bonds a safer bet for investors which has helped keep interest rates low. Homes.org will be keeping an eye on the outcome of the European Central Bank’s meeting this week where they are expected to address whether Germany will be willing to increase support for struggling Eurozone countries.

Homes.org is predicting that economic decisions in Europe will have the most impact on interest rates here in the U.S. Interest rates are likely to rise slightly again next week if the ECB is able to keep the momentum moving forward and get Europe’s debt crisis under control. However, word is that the Fed is looking to buy more mortgage backed securities to ensure that mortgage rates remain low.

To see more information on current mortgage rates and homes for sale, please visit: http://www.homes.org

About Homes.org
Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate listings, home owner finance tools and home service tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.
About Star Nine Ventures®

Star Nine Ventures® is an Austin-based, marketing-driven venture creation company targeting a wide range of national business-to-consumer online marketplaces. Star Nine’s core mission is to build businesses that provide exemplary consumer experiences and unparalleled customer service.

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December 8, 2011

Homes.org Releases Mortgage Rates Update – Rates on the Rise

Filed under: Auto Financing — Tags: Homes.org, Mortgage, Rates, Releases, Rise, Update — @ 8:55 pm

Homes.org Releases Mortgage Rates Update – Rates on the Rise

Austin, Texas (PRWEB) November 15, 2011

Homes.org, a fast growing real estate search portal, has released this week’s analysis of mortgage rates which shows a slight increase in rates at the start of the week, with the 30-year fixed rate going up by .02%. Europe’s economic situation is still having a strong impact on the U.S. bond market which is a deciding factor in how mortgage rates move.

Current interest rates are:

4.02% – average rate for a 30-year fixed rate mortgage
3.35% – average rate for a 15-year fixed rate mortgage

Last week saw the resignation of Italian prime minister Silvio Berlusconi as Italy becomes the latest European Union member to face the possibility of needing assistance to deal with debt. Economist Mario Monti has been nominated as his successor and has begun meeting with political leaders. Hopes are high that the economic volatility in Greece, Italy, Spain and Ireland will begin to ease. If Europe’s economy balances out it will likely lead to a drop in U.S. bond prices which could push mortgage rates higher.

During the Veterans Day holiday week in the U.S. a few reports came out that shined light on the stability of the U.S. economy. The Jobless Claims came in at 390,000 which is encouraging. However, the Consumer Sentiment report that was released on Friday showed only slight improvement over the previous report. Consumer sentiment improved in regard to the current state of the economy and the buying climate index rose but the personal finances view dropped.

This week there are several reports coming out that will likely cause some movement in the markets. First is the report on Retail Sales which was released today and will set the tone for the holiday shopping season. The report showed an increase spending on electronics, building supplies and autos in October. Overall the Retail Sales report indicates that growth in the economy was steady and solid at the start of the 4th quarter with an increase of .5%.

Also being released today is the Producer Price Index which gives a look at inflation and wholesale price levels. The Consumer Price Index will soon follow.

Thursday the October Housing Starts number will be announced giving us a look at how many new housing projects were started. Another report that will have an impact on the housing industry is the Federal Housing Administration (FHA) annual report to Congress which is taking place today.

Homes.org is predicting that there may be some more significant changes to mortgage rates in the coming week. If inflation rates stay low and interest in U.S. bonds persists because of the European economic crisis that would help keep rates low, however if the inflation is higher than expected and paired with increased consumer spending and lower bond prices the rates could swing upward.

To see more information on mortgage rates in your area, please visit: http://www.homes.org

About Homes.org
Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate named, home owner finance tools and home serve tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.
About Star Nine Ventures®

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