Designed as a meeting ground between mortgage borrowers and lenders, Zillow Mortgage Marketplace aims to solve most of the common complaints that borrowers and lenders have with the normal mortgage process.
For starters, the marketplace does not require that borrowers provide extensive personal information up front. In place of personal information are detailed loan request forms, where you can customize the offering you are looking for. When a lender sends a quote, you are alerted by e-mail to view, then accept or decline, the customized offer.
Lenders can register for a small fee; once registered, they can submit quotes to potential borrowers, and view any competing quotes for the same borrower. Zillow requires full disclosure from the lender; that is, any quote must include all fees, as well as estimates of taxes, insurance, the whole kit and kaboodle.
The Mortgage Marketplace is an excellent idea. It allows the borrower to shop extensively without having to reveal all of their personal information, and saves them the time of filling out form after form. Zillow's full disclosure policy insures that there will be no surprise costs. Lenders will also benefit from having a large pool to pull customers from for a relatively low cost.
The question is: is anybody even buying a house right now?
Safari always had an interesting and convenient way of searching for text: it dims the background and highlights text-matches throughout the page. It's too bad Firefox can't couldn't do that. It's now possible to easily add that functionality to everybody's favorite open-source browser thanks to a recent mozillaZine post.
The install process is pretty simple if you use the better set of instructions and files, and it shouldn't take more than a few minutes of copying, pasting, and mouse clicking to complete. The animation process in between "Next" clicks is also fun, and if you're still on the fence about it, you could check out a video or two on the custom feature.
We've written about Freshbooks -- the online invoicing system -- before and have been big fans of their approach and service. We were even more impressed upon meeting Saul and Sunir, two of Freshbook's team members, at SXSWi 2008.
Grant talked to Saul and Sunir about the service, the importance of community and traveling from Miami to Austin in an RV and stopping along the way to eat breakfast, lunch and dinner with customers.
RetailMeNot, an online coupon-sharing site from the founders of BugMeNot, has been around for a while, spreading the joy of savings both far and wide. Now, with the RetailMeNot Firefox extension, keeping informed of the latest coupons is as simple as browsing the web.
With the add-on installed, you are automatically informed of sites RetailMeNot users have shared discount coupon codes for. If you browse to the Amazon website, for example, a notification window will drop down from the menu bar signifying that there are coupons available. Clicking on the "View Coupons" button will open a new tab and take you right to the coupons for that particular site.
RetailMeNot assures us that no data is sent back to their website, and that the plugin will not adversely affect your browsing experience (though, if you read the user reviews, they are complaining of exactly that).
The RetailMeNot Firefox extension works with Firefox 2 (sorry, Firefox 3 beta users).
It can be hard to build your credit history if you don't have a mortgage, car loan, student loans, or credit card bills to pay off. But odds are you're making other payments on a regular basis, like your rent and utility bills. They just don't usually count as far as credit history goes.
PRBC is a service that helps make those other payments count. PRBC stands for Payment Reporting Builds Credit, and your PRBC info can become part of your FICO score. So all you have to do to build your credit history is keep paying your monthly bills on time. In order to participate, you need to either have your financial institutions send info to PRBC or pay a fee so that PRBC can verify transactions you enter on the web site.
But starting today, there's an easier way. You can sign up for PRBC through Billeo, and online bill paying service. Billeo is free, but users who opt into PRBC will be charged a one-time fee of $5. Once you're signed up, every time you pay a bill using Billeo's free web-based service the company will track your payments and send the information to PRBC/Fair Isaac.
Billeo doesn't store your sensitive financial data online. Instead it's encyrpted and saved on your computer, while PRBC as a "consumer reporting agency" is legally required to comply with federal and state privacy laws.
How many web pages do you login to every day? There's your email accounts, social networking sites, bank and credit card web sites, online stores, and entertainment web sites. That's a lot of passwords and URLs to remember. PageOnce aims to make things a lot easier by letting you view all of your online accounts in one place.
The site is in private beta, but if you visit TechCrunch, you might be able to score an invite today.
As soon as you've got your account up and running you can start adding online services to your PageOnce homepage by clicking the "Add Content" button. Up pops a window with a handful of popular services like Facebook, MySpace, Gmail, Yahoo!, Blockbuster, and Netflix. But PageOnce doesn't stop there. You can also associate your login information for airlines or travel services like American Airlines or Travelocity. And you can add your bank account information too.
As you may have noticed, now might not exactly be the best time to get involved in the stock market. Sure, year over year, chances are you'll make money. But there's a good chance that if you throw a few thousand dollars into a mutual fund right now it might be worth less in 3 months than it is today. Fortunately, there's more than one way to turn your savings into more savings. And thanks to the internet, a couple of new opportunities have developed over the last few years.
First up, you might want to take a look at online savings accounts and CDs. Since banks like ING Direct don't have to spend a lot of money on bricks and mortar operations, they can offer higher interest rates than many traditional banks. And even many old school banks offer online accounts with higher interest rates than their traditional offerings.
But thanks to the recent economic downturn, many of these banks are lowering their interest rates. While you could easily open an account with a 5% interest rate a few months ago, you'll be lucky to find one over 3% now. If you're looking for another opportunity, albeit a riskier one, you might want to check out a new breed of financial transactions: social lending services like Prosper, Lending Club, or Zopa.
For those of you that have been itching to get a pulse on more European company information and UK mutual fund data, Google Finance has just opened Google Finance UK.
Following in the footsteps of Google Finance Canada, the Google Finance Blog states that this is another implementation of a series of sites that will aim to bring localized financial information to users.
Although there aren't any hints of which country will be graced with the next Google Finance localization, 2008 will supposedly see some new features. Hopefully, the people that have been having issues with Google Finance's lack of dividend information will have their wish fulfilled.
We've written about personal finance sites like Mint and Spendview before, but Buxfer has a few interestingfeatures that differentiate it from the others. While it offers auto-syncing of transaction information with your banks and credit cards, budgeting, and expense analysis, Buxfer also has three key characteristics:
Shared Finances - Buxfer allows you to create groups and assign specific finances to those groups to monitor who owes or receives money. For example, you could create a "Cable Bill" group and assign yourself and your roommates to the group to track who has forked over the cash for the Super Deluxe Sports Package.
Google Gears - By using Buxfer's Google Gears support, you can keep all of your private financial data on your own computer, instead of Buxfer's servers. The other personal finance sites store your information on their servers, thus out of your control.
Mobile Access - Buxfer has a mobile phone interface and an iPhone-specific interface for accessing your account remotely. You can also use Twitter or SMS to get account balances or to be notified of low balances, large withdrawals, etc.
Due to data security concerns, many people don't want to give their financial account information to third parties. However, account aggregation services like Buxfer can potentially create better security by creating higher, more efficient data availability. Not everyone is vigilant enough to login to every specific bank and credit card website every day to check account balances and check for fraud. However, by logging into a personal finance site, you can check the balances of all of our accounts in a few seconds which may make keeping tabs on your financial well-being a bit easier.
SugarCRM has just posted a much-anticipated, much-tested update to its CRM software. Already one of the leading CRM clients in the field, Sugar also has the honorable distinction of sporting the majestic and rare feather of open source in its illustrious and award-laden chapeau. Management for the masses, if you will.
Sugar 5.0 includes improved security, the ability to easily create custom modules, an AJAX email client compatible with the POP3 protocol, and hot new dashboarding capabilities.
Following the old carpenter's adage of "measure twice, cut once," the Sugar CRM software was put through three beta cycles, and was tested over 30,000 times. In other words, if you think you've found a bug in the Sugar CRM software, it might be the one that splattered on your glasses as you cruised to work on your Vespa scooter.
SugarCRM is available as a free Community edition, as well as two commercial editions: Professional and Enterprise. Professional costs $275 per user per year; Enterprise costs $449. The Sugar website offers a wealth of demos, both hands-on and hands-off.
Yahoo! is getting ready to take the wrapper off TechTicker, an online program aimed at technology investors.
TechTicker specifically targets technology stocks in a portal type environment. The new program will offer streaming video, blog posts and breaking news targeting the technology investment sector. The portal and show which are said to be launching in January 2008, pick up where Yahoo! Finance Vision left off in 2002. Thankfully high speed connections are far more common in 2007 and better video compression tools are available to make internet based shows a feasible reality, rather than a pipe dream (no, we're not poking fun at Yahoo! Pipes, ok, maybe just a little). As for the other financial information that will be displayed, we assume it will resemble what Yahoo! Finance already does, but targeting technology specific companies.
With Yahoo! Finance high on the list of financial sites, TechTicker could be headed for great things. Of course, track records aside, we will have to wait for the roll out in order to really decide.
Check out what Yahoo! Finance Vision looked like back in the day.
There are plenty of ways for small business owners to create and track invoices. You could just fill out a Word template every time you need to bill a client, or you could use free software like Microsoft Accounting Express or QuickBooks Simple Start. But as with everything these days, there are also online solutions.
Invoice Journal is a simple web site that lets you create and track your invoices. There's a simple form for entering new clients, and another for sending invoices to those clients. Easy as pie.
Invoice Journal lacks some of the bells and whistles you'd get with a more complex service like FreshBooks. There's no time tracking feature for example. But sometimes you want a service that does one thing and does it well.
If Invoice Journal doesn't do it for you, we've also looked at Invotrak, another free invoicing startup, that quite frankly, works pretty much the same was as Invoice Journal.
Yahoo! has launched an updated version of the Yahoo! Widget Engine and gallery. Yahoo! Widget Engine 4.5 has the same look and feel on your desktop as version 4.0, but there are some changes in the way widgets are created and organized.
First, Yahoo! has retooled its online widget gallery to give you more information about what each widget does. Users now also have a quick view of the most downloaded, highest rated and newest widgets, and can share Widgets directly with friends on IM, email, a Yahoo! Widget badge, del.icio.us, Digg and Reddit.
Second, there's now support for Flash and HTML based widget design. Yahoo! has also teamed up with the NBA to vote on All Stars, RockYou to create and watch slideshows on the desktop, and the Netvibes UWA will now be available as a Yahoo! Desktop Widget from the Netvibes Ecosystem. And if you still aren't satisfied, Yahoo! Finance has also improved their powerful stock Widget.
Check out a screeenshot of the new RockYou Yahoo! Widget after the jump.
Looking for a few good bargains on tech toys and consumer electronics this holiday season, but didn't feel like waking up at 4am this morning to fight with fellow shoppers at Best Buy or Circuit City? It turns out you can get some pretty good bargains year round, if you know where to check.
Or if you're looking for information, and not just bargains, check out Retrovo. You can use Retrovo just to find the lowest prices on particular products. But if you want to find the digital camera that has the most bang for the buck, Retrevo has a new "value map" feature that lets you know which items have the best specs for the price. You can search all kinds of categories for electronics like PDAs, digital cameras, TVs and cellphones. And if you want the info you can't find on the back of the box, Retrevo will also show you complete product manuals.
Selling some old junk on eBay? It might seem like a great way to pick up some cash while clearing out the closet, but those seller fees will get you every time. First you have to pay to "insert" an auction, then you have to pay for a percentage of your sale. And don't forget PayPal fees and shipping and handling costs.
You can save yourself a lot of time and heartbreak by checking out the unofficial eBay Fees Calculator before you get started. Just enter the type of auction, your planned starting bid, and what you expect the item to sell for, and hit the Calculate button. The web-based tool will give you an estimate of how much money you'll actually make after all the fees.
You can also use the calculator to do something a bit more shady. Just figure out how much money you want to make off your auction, type it in the "Desired Net Profit" box, and eBay Fees Calculator will tell you how much to overcharge for shipping.
Zillow is taking the wraps off its new service today, the Mortgage Marketplace.
