Canceling Your Credit Card Could Hurt Your Chances of Getting a Home Loan
Image by dogonthesidewalk via Flickr
Right now, many people seemed inclined to cancel credit cards and go with cash. There is a movement, in this time of recession, to get back to the sound basics of finances and get rid of debt. For many [...]
April 14 2009 | Homes Mortgages and Loans in the news | No Comments »
FHA Loans Performing Well in this Economic Climate
Even though the Federal Housing Administration is experiencing problems due to loan defaults and foreclosures, FHA loans are still performing relatively well. When you compare FHA loans to subprime loans, they are performing admirable. Indeed, the FHA is expected to be able to weather the current mortgage market [...]
April 08 2009 | Homes Mortgages and Loans in the news | No Comments »
Sacramento homebuyers rush to refinance at lower rates – Sacramento Bee
Lower borrowing costs triggered a new spike in U.S. mortgage applications last week as borrowers ? including thousands in California and the Sacramento region ? rushed to refinance home loans. Sacramento loan consultant Dennis Graves said most …
Mortgage rates likely to fall today – Arizona [...]
March 19 2009 | Homes Mortgages and Loans in the news | No Comments »
Misplaced Rage: Really? We?re Upset that Government?s Trying to Help Regular …
I’m going to climb up onto my soap box here for the space of a couple hundred words. It’s really getting kind of ridiculous out there right now. I think that there is a lot of misplaced rage with regard to efforts being made [...]
March 10 2009 | Homes Mortgages and Loans in the news | No Comments »
The Importance of Your Credit Score When Buying a Home
One of the most important aspects of your financial life is your credit score. And your credit score is extremely important when it comes to buying a home. Indeed, before you start looking for a home, it is a good idea to check your credit score.
Problems [...]
March 03 2009 | Homes Mortgages and Loans in the news | No Comments »
Would the U.S. Government Actually Nationalize Citi?
Image via Wikipedia
The more we find out about the state of our financial and banking system, the darker things look. And what we’ve been finding out about banking giants and major mortgage lenders has been that they are nowhere near as solvent as we have been thinking. It doesn’t [...]
February 24 2009 | Homes Mortgages and Loans in the news | No Comments »
Mortgage applications up as refinancing jumps – Reuters
NEW YORK (Reuters) – U.S. mortgage applications rose in the last week of January, reflecting strong demand for home refinancing loans even as interest rates rose to their highest levels since early December, industry data showed on Wednesday. Home …
Is now the time to refinance? – ABC 4
SALT [...]
February 05 2009 | Homes Mortgages and Loans in the news | No Comments »
Is Your Mortgage Statement Correct?
Right now, mortgages are in the news. A lot. From concerns that prime borrowers are the next wave of foreclosures (thanks to the fact that job loss is likely to result in a wave responsible people suddenly unable to make their payments) to the almost weekly drops in mortgage interest rates, [...]
February 03 2009 | Homes Mortgages and Loans in the news | No Comments »
U.S. Existing Home Sales Get a December Boost
One of the main economic indicators – especially now that the housing market is such a big focus of the economy — is the U.S. existing home sales data. This is data that takes into account how many homes (already built) were sold in a month. The news [...]
January 27 2009 | Homes Mortgages and Loans in the news | No Comments »
FDIC Asks Banks to Report on How They Spent TARP Funds
One of the biggest scandals of the economic bailout bill passed last fall has to with how the $350 billion set aside for banks through TARP funds was spent. The money was meant to be spent in helping Americans avoid foreclosure. It was supposed to [...]
January 20 2009 | Homes Mortgages and Loans in the news | No Comments »
 |
