The Federal Home Loan Mortgage Corporation (Freddie Mac) announced Thursday that the average 30-year fixed mortgage rate went up from 3.88 percent last week to 3.98 percent this week. This marked the first increase for the new year, although rates remained below the four percent mark as they have been for the past two months. [...]
According to the Mortgage Bankers Association (MBA), mortgage applications in the US declined last week, mainly due to the rebound of interest rates from record lows. The MBA announced that the Market Composite Index decreased 5.0 percent last week on a seasonally adjusted basis compared to previous week. The Refinance Index has seen a drop [...]
Sources from Apple subcontractor Foxconn have told tech blog 9to5Mac that the upcoming Apple iPhone 5 is scheduled to start production, and likely to be launched this summer. According to 9to5Mac’s leads, some of the features we can expect from the iPhone 5 include a four-inch screen and a different design from either the iPhone [...]
The Federal Reserve’s recent announcement that mortgage rates will stay low for the next two years has caused interest rates to remain firm at their present low figures and mortgage-based security prices to increase. Currently, 30-year fixed mortgages are carrying a rate of 3.5%, while the 15-year fixed mortgages are available at a rate of [...]
The iPhone, Apple’s flagship smartphone since its introduction five years ago, is an unmitigated success no matter how you look at it. In terms of technology, it is the benchmark that other smartphones strive to reach when they release their new models. In terms of business, it is a ‘cash cow’ for the innovative Cupertino, [...]
US customers may not have had a chance to try Nokia’s previous Windows Phone releases, the Lumia 710 and 800. However, with the Nokia Lumia 900 certain to be available stateside, would-be smartphone buyers are preparing for its eventual launch, especially after its successful preview at the 2012 CES. According to rumors posted by both [...]
Rumours have it that Samsung is readying its latest effort intended as a good successor to its Galaxy S2 smartphone. The South Korean phone manufacturer is set to propose to its avid consumers the Samsung Galaxy S3 next month. Following such staging, the smartphone will take off to store shelves in the following quarter. Online [...]
The Samsung Galaxy Nexus has already enjoyed quite an audience in most parts of the world. However, it’s only until this March when it will hit the Indian market. In spite of the previous announcement that detailed the January release of the Galaxy Nexus, the official twitter page for Samsung India reported that the launch [...]
The iPad 3 rumours have started piling up yet again with the year providing a good start for tablet products out in the market. With ASUS and Amazon making a splash with their respective products, Apple is expected to release their latest iteration of the iPad line either this February or later on in March. [...]
The Amazon Kindle Fire is one of the best selling Android tablets in the market to date. However, it appears Amazon does not take kindly the partnership it has with Google by shunning off most Google-related apps, like Gmail, Google Maps and YouTube apps from the Kindle Fire. With the ad market shifting their focus [...]