Fixed Mortgage Rate hits a new low for the final week of May.

SEATTLE – Just one year ago a 30-year fixed-mortgaged rate averaged 4.91%, now it’s down to 4.78% for the final week of May. The average just two weeks ago was 4.84%. The lowest it’s been all year was during the first week of December when it averaged 4.71%.

If you’re wondering about a 15-year fixed mortgage, well they are at an all time low since Freddie Mac began tracking fix-mortgage rates. Last week it fell to a low of just 4.21%, while just a year ago it was at 4.53%.

If you’re wondering why fixed-mortgage rates are good the answer is quite simply. Whatever rate you get your loan, its locked in that price for the whole term. Some loans “float” meaning they will go up or down depending on what the economy is doing. Right now fixed rates are pretty low that you should consider a fixed-loan.…

Criminal Defense Attorney: Do I need a lawyer and how much will it cost?

CHICAGO – Have you been arrested and are now wondering if you need a Criminal Defensive Attorney? Well, criminal defensive lawyers normally deal with these types of felony crimes, they include, drug possession, rape, sexual abuse, sexual battery, prostitution, murder, manslaughter, battery, fraud, tax evasion, GTA, burglary, robbery, bank fraud, mail fraud, and kidnapping.

A Criminal Defensive Attorney will closely examine the issue surrounding the arrest, search of the client and his/her personal property, as well as any statements that were made during the arrest.

The criminal defendant is presumed innocent until proven guilty by a jury of twelve people that unanimous find the defendant guilty. A split in the jury is often called a “hung jury” and may result in a retrial of the defendant.

The costs of your lawyer depend on the crime at hand; however, realize that a DUI often costs a defendant about $10,000. A murder charge can cost you $100,000 or more. If you were charged with a serious crime your chances of winning the case without a laywer are slim to none.…

Posted in Law

Federal Student Loans: Why college students should use federal loans over private student loans

If you plan on attending college you should really consider a federal student loan. They usually have much lower interest rates and more flexible payment options compared banks and other private sources.

When will you have to pay this back? Normally you won’t have to make any payment until you have left school.

What can I use my student loan for? Federal student loans can be used to pay school expenses such as tuition and fees, room and board, books, supplies and transportation.

How much money can I borrow in federal student loans? As an undergrad your typical loan limits will be in the rage of $4,000-$11,000 each year. Graduate students can borrow up to $20,500 each year.

If you are going to be attending college next year it’s imperative that you start applying for these loans now. A Private loan (Local Bank) may be easier to get a loan from, but your interest rates will almost certainly be high and your bank won’t be as flexible.…