August, 2010
Hipmunk helps with lower air fare
Adam Goldstein started a summer project which might just be the best way for online flight search called Hipmunk. CNN Money explains that Goldstein had some help from Steve Huffman, Reddit co-founder, when doing this new program. The site is user-friendly and has many colors, making Goldstein a genius within the site business.
Hipmunk is a ...
Cutting credit card limits without telling
Consumers are intended to be protected better with the credit card rules being put into place on Aug. 22. To make these new rules possible, banks and credit card companies are working to cut credit limits, rates and fees on all their cards. Since the economy is so bad right now, it makes sense that ...
One in five mortgages underwater
A recent survey indicates that just more than 20 percent of American homeowners are underwater on their home loans. Mortgage loan modification, even if they could get it, would do no good for 1 in 5 homeowners. The number of underwater home loans is slowly decreasing though. That aside, some areas are still in trouble ...
Rate increases on the horizon for FHA mortgages
The Federal Housing Administration is the federal government agency charged with helping guarantee mortgages. The FHA does not directly provide no credit loans for homes, but guarantees loans to certain classes of borrowers. To hedge against the possibility of loans going bad, the FHA is legally required to keep 2 percent reserves – however they ...
BlueKai singled out for cookies that spy on customers
BlueKai Inc. became the center of the perfect digital storm on Tuesday. The Bellevue, Wash-based data exchange outfit rose among the hottest internet topics following the Wall Street Journal quoted BlueKai's CEO in an article about Internet monitoring . The article, number one in a series, alleges that cookies are "spying on consumers" when the ...
