A-Z real estate vocabulary for home buyers and sellers

Nothing is more fundamental to buying or selling your home than understanding the language that realtors, lenders and others in the industry use ... , origination fee, hazard and mortgage insurance, credit report and appraisal fee. Debt-to-Income ... inspection. Annual Percentage Rate (APR) - The cost of credit expressed as a yearly rate. Bridge Loan [more...]

Date: 2008-12-02 21:05:42

Blog posts (36) | Videos (9)
 

Maintaining Excellent Credit Rating

Being approved for credit is a sign that someone is willing to take a risk on you with their money ... of all, get your free annual credit report from the credit bureau. Check for mistakes or false ... bills - food, utilities, rent, or mortgage. Before you go out shopping for credit lines, make sure [more...]

Date: 2009-01-15 03:41:35

Obama - McCain - Obama Can Win; The Economic Problem Is Why

This video was created just before the debate, but my prediction seems to have held and for the reasons I state here ... : 1) According to the Bureau of Labor Statistics, the Civilian Labor Force Participation Rate topped out 10 years ... problems consumer credit shot to rapid rates of annual increase starting just before the turn [more...]

Date: 2008-10-08 07:30:37

One Simple Way of Consolidating Credit Card Debt

Debt is something that has to be managed, and can easily get out of control if you’re not careful ... to a credit card that has a lower annual interest rate. For instance, you may have two or three credit cards ... . Credit card debt in particular is among the most burdensome financial problems for consumers [more...]

Date: 2009-01-08 00:02:16

Throwing Pennies Down A Drain

Some housing bubble news from Wall Street and Washington ... s first annual report on the credit rating agencies since Congress gave it express oversight in 2006 ... . Today, the SEC released its report on credit rating agencies and their role in the subprime mess. Moody [more...]

Date: 2008-07-09 18:36:25

Useful Tips When Choosing Credit Cards

Chances are you have received your share of “pre-approved” credit card offers in the mail, some with low introductory rates and other perks ... that require no application. Annual Percentage Rate: The APR is a measure of the cost of credit ... , shop around to get the best deal. Credit Card Terms: A credit card is a form of borrowing that often [more...]

Date: 2008-12-29 08:11:57

Working on Building Credit in Your Name

Being married carries many responsibilities as a couple. One of these responsibilities is applying for loans and credit as a couple ... is to get your free annual credit report. Work with your lawyer to have all joint accounts closed. Transfer ... with high annual fees and interest rates. Find out more from Credit-land.Com. Take your time. Avoid [more...]

Date: 2008-11-28 09:34:19

Tips on Declaring Bankruptcy

If you know you’re going to declare bankruptcy, there’s probably not much I can say to make you change your mind but there are a few things I can ... to have a ding on your credit report for years to come.  What does this mean?  Kiss the good interest rates goodbye and kiss the annual-fee free credit cards away as well.  You’re most likely going [more...]

Date: 2008-11-29 20:11:42

How To Chase High Interest Rates On Savings Accounts and Manage Them

I consider myself one of many rate chasers out there - savvy savers who hunt for the best annual percentage yield (APY) interest rates at banks and credit unions, and who are keen on quickly moving large sums of money ... of what I own in cash form, invested in stable interest bearing savings accounts. The type of money [more...]

Date: 2008-07-01 19:21:37

Four Quick Ways to Build A Strong Credit Rating

#fullpost{display:inline;} ... report from Experian, Equifax and Transunion via annualcreditreport.com. After we use up our annual ... Nov 18, 2008: Much has been written about credit rating and how we can go about improving [more...]

Date: 2008-11-18 05:21:00

Stop building to help housing prices recover?

So many plans and ideas are being floated to repair the country's economic situation. David Reilly of the Wall St ... Bureau. Yet still they build. Data due out this week are expected to show that housing starts fell to a seasonally adjusted annual rate of 800,000 in October, according to Credit Suisse. Housing [more...]

Date: 2008-11-17 19:37:46

2007 J.D. Power Satisfaction Ratings in Finance

J.D. Power & Associates puts out annual customer satisfaction surveys in all types of industries from automobiles to finance to insurance to travel ( ... I used more - retail banking and credit cards. While I don’t discuss the mortgage ratings, go check ... banking, mortgage related, and credit card groups. At the time I first wrote this, I didn’t think [more...]

Date: 2008-08-10 19:27:39

Rating cannot be construed as a substitute for an exhaustive audit or a fraud detection

Sep 26, 2009Accounting, Audit The credit crisis has exposed weaknesses in many financial intermediaries. How can rating agencies ensure their views are more accurate and unbiased?  Despite due diligence, there is always scope for improvement. Credit rating agencies (CRA) do not carry out a separate audit but takes cognisance of the information available from annual reports, submissions from management, secondary sources and opinions from lenders/ investors. [more...]

Date: 2009-09-26 05:31:47

Upgrade Your Automobile with Low Rate Auto Loan

div style=’float: right; width: 100px; padding: 5px; margin: 5px; background-color: #FFFFCC;’font size=1font color=’#cc0000′bTip! ... of the annual percentage rate and also on the terms of a loan./ppSecondly, credit score of a person puts ... to assume that your statement as to your good credit is accurate./font/divpAre you thinking of buying [more...]

Date: 2009-01-11 12:16:13

It is soooo coold.. brr. Post Roundup

YEAH! Its melting Creative Commons License photo credit: *Micky The past few days have been extremely cold here in Minnesota, ... With Good Ones Time To Chck Your Annual Credit Report! Problems with Gift Receipts? Debt? What Debt? Mortgage Refinance Rates Continue to Fall The New Frugal Forum @ frugalhacks.com Free Advice [more...]

Date: 2009-01-14 16:21:15

10 Key Reasons Why A Person Needs Life Insurance

Insurance is designed to protect a person and the family from disasters and financial burdens ... or agent would recommend that you take insurance that amounts to five to ten times your annual income ... is considered as financial assets which improves your credit rating when you need health insurance [more...]

Date: 2009-01-15 23:25:27

Buying the Auto Industry when Everyone’s Selling

Now is not the time to be in the car business. As the stock market plunged in October, car sales followed suit ... the heat. Credit is tight, meaning prospective car buyers will need a better credit score if they want ... this business to return to an annual growth rate that’s well in the double digits. So are we crazy [more...]

Date: 2009-01-15 19:57:40

NY TIMES: Buffett to Offer Details on Derivatives

Warren E. Buffett has long been an proponent of transparency and a critic of murky financial instruments ... by 2019. On Monday, Mr. Buffett said he would disclose in the next annual report more information ... of companies and stocks with the highest possible credit rating, have tumbled 36 percent since Oct [more...]

Date: 2008-11-25 04:21:48

Your Take: Are We In A Recession?

It used to be that the measure of a recession was two consecutive quarters of negative GDP, ... that the economy is expanding at a 1.9% average annual rate. And it takes the National Bureau ... t seen bottom yet. The credit turmoil in the financial system is spreading, most recently reaching [more...]

Date: 2008-08-08 10:18:51

INTERNATIONAL NEWS

WASHINGTON - The Federal Reserve opened a two-day policy meeting Tuesday amid growing anxiety over inflation even with the US economy on the brink ... that could reduce the clout of Wall Street’s credit rating agencies in the multitrillion-dollar money ... in June while house prices suffered record annual drops in April, according to data Tuesday [more...]

Date: 2008-06-25 04:08:46

"The Largest Credit Contraction in History is Here"

"There was a report from Mish’s Global Economic Trend Analysis * who in turn was commenting on a report from Martin Weiss who publishes research at his Money and Markets site. Weiss takes a look at the Flow of Funds report for Q1 published by the Fed. Weiss’s conclusion: The first quarter brought the greatest credit collapse of all time. Open Market Paper: Instead of growing as it had in almost every prior quarter in history, it collapsed at the annual rate of $662.5 billion. [more...]

Date: 2009-07-12 01:58:00

It's the Economy, Stupid

The Labor Department today reported that business productivity surged to a revised 4.3 percent annual rate in the second quarter of the year ... measure quality of output.)Higher productivity keeps inflation in check. When companies can produce ... of their lines of credit because the housing bubble has burst. The result? Employers can't sell [more...]

Date: 2008-09-04 12:27:00

Four. One Million Use Credit Cards for Mortgage or Rent

4.1 Million Use Credit Cards for Mortgage or Rent According to housing and homelessness charity Shelter, about 85% of the UK’s £1 ... Breaking point’ report revealed that ‘4.1 million households (16%) used credit cards to help meet ... , is that they normally come with a lower APR (Annual Percentage Rate) than unsecured debts [more...]

Date: 2009-01-08 08:18:32

Loanio launch!

Updated: Just after I wrote this, access to the Loanio website has been restricted again. Finally! ... a origination fee of 1 to 4% of the loan amount (dependant on credit grade). Borrowers can opt for platinum ... are charged a 1.25% annual servicing fee. Lenders bid at the interest rate they want, lowering [more...]

Date: 2008-09-25 13:20:24

TANSTAAFL - Ya gotta pay it sometime!

When TMEW and I spend more than we should, we end up paying for it later - by not buying much later ... more debt than they took on... Seasonally adjusted consumer debt -- including credit cards, auto loans and other unsecured debts -- fell by a record $7.5 billion, or a 3.7% annual rate, to $2.58 trillion [more...]

Date: 2008-12-16 18:44:16

How Low Apr Credit Cards Work

How Low Apr Credit Cards Work December 8th, 2008 Subscribe To Our Feed Used properly, ... interest rate there may be other charges like an annual fee and check to see if that low interest ... a credit card will be one of the most useful financial aids you can ever own but finding [more...]

Date: 2008-12-08 14:55:05

Worst Year For Jobs Since ‘45

Annual loss biggest since end of World War II. Unemployment rate rises to 7.2% ... U.S. Labor Department jobs report Friday showed the economy lost 524,000 jobs in December and 1.9 million in the year’s final four months, after the credit crisis began in September. The steep annual [more...]

Date: 2009-01-09 19:13:31

Formerly soaring global trade suddenly comes to a halt

Technorati Tags: Baltic Dry Index,Baltic Dry Indices,Ship Chartering,Shipchartering,Voyage Fixtures,Time Charter Fixtures,Panamax,Capesize,Handymax, ... gloom, trade is being choked by the credit crunch, which is drying up routine export financing ... has been abrupt. As recently as 2006, global trade was surging at an annual rate of nearly 10%. This year [more...]

Date: 2008-12-29 13:52:00

Fitch: EMEA/ASIAPAC Corporate Treasurers Reviewing Liquid Asset Policies

In Fitch’s second annual survey of Corporate Treasury Policies, ... with, and keeping a far more active watch on the credit quality of those counterparties than ... issuers. A total 78% of respondents in developed markets use criteria which includes credit ratings [more...]

Date: 2008-12-04 07:18:40

LEED certified buildings on the rise!

Adobe headquarters in San Jose received three platinum LEED ratings Photo credit kqedquest According to the US Green Building Council (USGBC) ... building by the numbers report (.doc warning): By 2009, 82% of corporate America is expected ... $30-$40 billion annually by 2010 With that in mind it was great to see the report that AMD’s Lone [more...]

Date: 2009-01-14 18:16:45

LEED certified buildings on the rise!

Adobe headquarters in San Jose received three platinum LEED ratings Photo credit kqedquest According to the US Green Building Council (USGBC) ... building by the numbers report (.doc warning): By 2009, 82% of corporate America is expected ... $30-$40 billion annually by 2010 With that in mind it was great to see the report that AMD’s Lone [more...]

Date: 2009-01-14 18:16:45

Sterling Exchange Rate Forecast

This report will focus on the outlook for Sterling, and how further interest rate cuts by the Bank of England this week may affect the pound ... rate, with the country's largest mortgage lender, Halifax, reporting a 16.2 percent annual decline ... since the recession of the early 1990s. The credit crunch has led to thousands of job cuts in many [more...]

Date: 2009-01-05 08:54:00

Fed’s Bubble Trouble Will Cause Rates to Spike and Spawn Hyperinflation

A few weeks ago, when the U.S. Federal Reserve announced a strategy designed to bring down long-term interest and home mortgage rates through ... of U.S. Treasury bonds rise while their underlying credit quality is deteriorating faster than Bernie Madoff’ ... . Just as the U.S. government issues mountains of new debt to finance the multi-trillion annual de [more...]

Date: 2009-01-14 14:30:03

Home Equity Loans vs Home Equity Line of Credit - Which Option Should You Choose?

Tapping into your home equity loans qualifies you for low rates with the potential benefit of tax write offs ... line of credit waives closing costs and application fees for flexible lending amounts at slightly ... monthly payment. Home equity loans usually don’t have any limit balances, early payment, or annual [more...]

Date: 2009-01-09 04:45:25

Sony Ericsson reports results for fourth quarter and full year 2008

.fullpost{display:inline;} Highlights:Global economic slowdown leads to contracting consumer demand Previously announced annual Euro 300 million cost ... to the global economic slowdown that resulted in contracting consumer demand and decreased availability of credit. Gross margin became 15% due to negative impact from exchange rate fluctuations [more...]

Date: 2009-01-16 07:56:00

Existing Home Sales Fall More Than Expected to 4.86 Million Rate

The latest housing news is not pretty. The decline, however, was only slightly below the expected annualized level of 4.94 million units ... 6.1 percent from June last year... ``People are waiting until prices hit bottom, and credit is still difficult to obtain,'' Gus Faucher, director of macroeconomics at Moody's Economy.com in West [more...]

Date: 2008-07-24 14:31:40

36 Results