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Mortgage rates hit a record low this week. The average rate on the 30-year fixed mortgage fell to 3.94%, according to Freddie Mac’s weekly mortgage rate survey. The 15-year fixed-rate loans hit a new record low of 3.21%. Five-year adjustable rate mortgages also hit new lows at 2.86% for the week. For more information, Please…

Amazing what they did to consumers! https://money.cnn.com/galleries/2010/news/1007/gallery.debt_collectors/index.html For more information, Please Contact Michael Tierney, P.A., at Toll Free: (855) 740-DEBT (3328), locally at (407) 740-0074, or by email Michael@Tierneylaw.us www.thedebtlawyer.us

Collection Firm Was Hired by Bank of America to Pursue Dead Man’s Debts. By JESSICA SILVER-GREENBERG Bank of America Corp. and a debt collector it hired to go after deceased customers’ debts violated state law by repeatedly calling a Florida woman about paying the credit-card bill of her late husband, a Florida state-court judge ruled…

Borrowers of high-interest payday loans often shell out more in fees than they borrow, a government watchdog says. About 62% of all payday loans are made to people who extend the loans so many times they end up paying more in fees than the original amount they borrowed, says a report released Tuesday by the…