See How Credit Missteps Lower Your Credit Score

October 21, 2010

The company behind the popular FICO scoring model has published a “What If?” series for common, specific credit missteps.

Read the full article →

Housing Starts Jump In September, Buoyed By Homebuilder Confidence

October 20, 2010

According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.

Read the full article →

As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

October 19, 2010

According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.

Read the full article →

What’s Ahead For Mortgage Rates This Week : October 18, 2010

October 18, 2010

The United States is experiencing a Refi Boom. As compared to 6 months ago, a new, $200,000 home loan costs $124 less per month in principal + interest.

Read the full article →

Avoiding Common Mortgage Scams

October 15, 2010

Despite tougher mortgage guidelines and better loan disclosures for consumers, mortgage fraud is on the rise.

Read the full article →

Bank Reposessions Top 100,000 In A Month For The First Time Ever

October 14, 2010

The number of foreclosure filings rose 3 percent in September, according to foreclosure-tracking firm RealtyTrac.

Read the full article →

Fed Minutes Edge Mortgage Rates Higher

October 13, 2010

The Federal Reserve released its September 21, 2010 meeting minutes Tuesday afternoon. Mortgage rates are slightly higher today.

Read the full article →

What’s Ahead For Mortgage Rates This Week : October 12, 2010

October 12, 2010

This week, there’s a number of releases that should keep mortgage rates on the move — up and down — including Fed Minutes (Tuesday), Producer Price Index (Thursday), and Consumer Price Index, Retail Sales and a confidence survey (Friday).

Read the full article →

Jobs Data Shows Private Sector Growth, Hints At Lower Mortgage Rates

October 8, 2010

According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.

Read the full article →

Fannie Mae Rolls Out New Lending Rules December 13, 2010

October 7, 2010

Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines.

Read the full article →

← Previous Entries

Next Entries →