Viagra, Nigerian Money and Mortgage Refinance Offers

What do these three have in common: Viagra, Nigerian Money Transfers and Mortgage Refinance offers? Your e-mail inbox or junk mail folder is probably full of messages from their promoters. While mortgage spam has been on the decline for a while, according to CommTouch there has been a spike in mortgage spam since the Federal Reserve cut interest rates.

SUNNYVALE, Calif.–Spam about mortgage refinancing jumped to 10% of all spam in the past week in conjunction with the recent interest rate cuts by the US Federal Reserve, according to research by Commtouch (Nasdaq:CTCH). Further changes expected to be announced today may spur even more finance-related spam –always a favorite subject among spammers even when interest rates are high.

This article notes that in all of 2007 finance related spam was only 2% of total spam volume, read the full article from Businesswire.

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