Current Mortgage Rates Today – SunTrust, KeyBank, and other lenders lower rates

VA Loans

(Best Syndication News) Mortgage interest rates shifted lower again as capital markets swung back into the safe-havens (see the mortgage rate charts below). Bank of America raised their rates while most other lenders lowered them.

Benchmarks

A better-than-expected earnings report from Alcoa Inc. (NYSE:AA) wasn’t enough to pull the Dow Jones Industrial Average (DJIA) higher Tuesday. The company also sees a fruitful 2013 if investors don’t focus on negative factors like the debt ceiling. The price of raw materials, including aluminum, can be affected by consumer confidence.

Canon introduces new PowerShot N Digital Camera

Canon PowerShot N Digital Camera - credit: Canon U.S.A. Inc.

(Best Syndication News) - Canon U.S.A., Inc., (NYSE:CAJ) revealed their new PowerShot N digital camera that features a Creative Shot mode and new connectivity for sharing images on the go.

Being artistic is automated with the new PowerShot N. In Creative Shot mode, the camera analyzes a photo and creates five artistic photos of the original with varying composition, lighting, and color. Sharing the photo is simple with wireless transmission of the photos that can be sent to various mobile devices. This allows the photos to be uploaded online without delay.

Fisher-Price Recall announced for Rock ‘N Play Infant Sleepers

Fisher-Price Rock 'N Play Infant Sleeper - CPSC

(Best Syndication News) - The U.S. Consumer Product Safety Commission (CPSC) announced a voluntary recall, on behalf of Fisher-Price Inc., of around 800,000 Newborn Rock ‘N Play Sleepers do to possible mold exposure. Consumers who have an infant sleeper involved in the recall that has mold should stop using the unit. The recall does not include current units that are on store shelves.

The recalled infant sleepers were sold at mass merchandise retail stores nationally and online since September 2009. They retailed between $50 and $85. Additionally, only the products that have mold are being recalled. The Rock ‘N Play sleepers came in 14 different patterns and colors and were designed for babies weighing up to 25 pounds. A metal rocking frame suspends the soft plastic seat. A fabric cover is removable.

Panasonic introduces two new Streaming Players -- MST60 and MS10

Panasonic DMP-MS10 Streaming Player - credit: Panasonic

(Best Syndication News) - Panasonic is launching two new streaming media players that do not have a disc player. The compact players are the DMP-MST60 and the DMP-MS10. Panasonic’s new set-top boxes are similar to the Roku player or Apple TV.

The DMP-MST60 streaming player features VIERA Connect, Panasonic’s proprietary IPTV platform which uses an Ethernet port to connect to the Internet. This model will allow for 3D streaming video and has a suggested retail price of $99.99. To get that price, buyers will need to preorder through their online store. The streaming player allows users to browse the Internet with a web browser. With an Android smart device, users can watch movies, see images, and listen to music with Miracast on a TV set. The user can participate in online video games, music, social networking, sports, and other Video-on-demand (VOD) applications.

Current Mortgage Rates Today – PNC and Citibank were among lenders lowering rates

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(Best Syndication News) Lenders lowered their mortgage interest rates as money flowed back into the safe-havens (see the mortgage rate charts below). PNC, SunTrust, Citibank, and JPMorgan Chase were among the banks making changes.

Benchmarks

Jittery investors began migrating from equities on news that banks will pay out billions of dollars in mortgage settlements. Bank of America Corp (NYSE:BAC) announced a settlement concerning Countrywide and Fannie Mae. The Charlotte N.C. based lender agreed to pay Fannie $3.6 billion to compensate for bad loans made by Countrywide.

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