Get a $50 or $100 Gift Card From American Express

If you’re responsible with credit cards and looking for a bonus, ... of your credit score. Opening and closing a credit card in quick succession may affect your credit score ... Membership Rewards points after spending $500 over the first three months. The points [more...]

Date: 2008-10-02 23:50:19

Blog posts (21) | Videos (3)
 

$7,500 1st Time Buyer “Credit” is a LOAN

I’ve been seeing quite a few agents and lenders using the $7,500 1st Time Buyer “Credit” in their promotional materials aimed at first time buyers ... , if there is sufficient capital gain from the sale…if the tax credit is claimed on the 2008 tax return, a $500 ... closing costs Just How Much Your Credit Score Impac [more...]

Date: 2008-10-08 03:39:29

Saving your credit and credit scores

I have blogged about my experiences with American Express and their systematic reductions in my credit lines ... , but in my case Amex decided to start chasing the balance.  I pay them $500, then they reduce my credit limit ... as “closed as consumer’s request”)  which would have locked in the higher credit limit on the credit [more...]

Date: 2009-01-14 23:51:28

January 7 - IBM/MSFT Layoff Rumors Remain - Oglivy Cuts 10% - LM Glasfiber Spins 150 Out the Door - Cessna Warns - 400 Less at Barclays - Aloca Sheds 15,200 - EMC Deletes 2400 - Lenovo Erases 2500

                                  Mike: Good day to all ... . The jobs news for today is rather light Challenger Job-Cut Report. with the big news coming ... with credit scores of 500 who don’t have a steady job. Credit cards are drying up for many, which [more...]

Date: 2009-01-07 13:47:48

Afternoon Edition of Friday’s Rates

Today stocks are rallying based on the events that were announced this morning: ... with a mid-low credit score of 720-739, “full doc” purchase with a sales price of $500,000 ... @ 1 Pt:  6.875% (APR 7.550%)   by 0.875% to rate FHA.  Pricing based on credit score of 620 [more...]

Date: 2008-09-19 20:09:31

Secured vs. Unsecured Debt

credit card In speaking to a friend recently about credit cards, mortgages, and personal finance, ... to back it, so the creditor can only attack your credit score and not your home. There are secured credit cards, where you pay a specific amount up front to the creditor, for instance, $500 [more...]

Date: 2009-01-14 12:29:37

Friday’s Rates on Thursday

Huh?  Since tomorrow is Independence Day, the bond markets will be closed…so I thought I would provide you with mortgage rates on today ... with a minimum credit score of 720, “full doc” purchase with a sales price of $500,000 and a loan ... .   We also had the Jobs Report released today which reported a loss of 62,000 jobs [more...]

Date: 2008-07-03 18:00:27

Friday’s Rates following the Rescue/Bail Out

There have been so many factors that typically influence the direction of mortgage rates over this past week, it’s amazing.  Just this morning we had another dismal Jobs Report with a greater loss than expected ... credit score of 720-739, “full doc” purchase with a sales price of $500,000 and a loan amount [more...]

Date: 2008-10-03 21:29:05

Where's The Happy Medium?

The other day, I noticed that the finance charge on one of my credit cards had gotten a lot higher, ... been more than $1,500), and in the last six months, my salary has increased about $10,000. My credit score hovers somewhere around 700, give or take. I have to wonder: Where's the 'increased risk'?The banks [more...]

Date: 2009-01-15 20:39:00

Rates on a Rocky Ride

It’s been tough on mortgage backed securities this week ... properties).  The conforming rate quote below is based on owner occupied with a minimum credit score of 720, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000 [more...]

Date: 2008-07-18 16:12:47

This oil man favors a gas-tax hike

If the government raises the cost of driving, it surely would be bad for the energy business. So what's the CEO of Western Refining thinking? ... or more. He's even willing to credit the Europeans with a good idea or two on this score, as he explains ... (WNR, Fortune 500) in 1997 and in a decade built it into a $7.3 billion giant (No. 342 on the Fortune [more...]

Date: 2009-01-03 19:26:00

Just Tricks…No Treats for Friday’s Rates

Mortgage rates continue to trend upwards like mummies crawling out of their graves.  (Sorry…bad reach. Booooo).  October has been terrible for rates! ... and FHA jumbo loans.    We’ll end next week with the goulish Jobs Report.  Most traders should ... credit score of 720-739, “full doc” purchase with a sales price of $500,000 and a loan amount [more...]

Date: 2008-10-31 19:48:17

Fiat Abarth 500 R3T for Sanremo rally

10 Guaranteed Ways to Save on Auto InsuranceThursday, September 24, 2009 14:34 Without a doubt, an automobile insurance can create a very huge hole in your pocket. The premiums you will pay will be determined by the make of your car, your credit score, and the company, agent, agency, or broker that you are dealing with.To be able to save on car insurance, you MUST do the following:Ensure you maintain a clean driving record.Never take the first quote estimate that you get from the insurer. [more...]

Date: 2009-09-24 18:34:32

Rates, Rumors and Reaction

This morning began with rumors of a possible Government take over of Fannie and Freddie which caused the GSEs stocks to further tumble ... occupied with a minimum credit score of 720, “full doc” purchase with a sales price of $500,000 and a loan [more...]

Date: 2008-07-11 21:13:07

Texture of the Credit Crunch, Not So Good

Mortgage brokers view of the mortgage meltdown. As a mortgage broker I can tell you that the past several years have been bludgeoned with careless ... to such as the small business owner who grosses $500,000 per year but has a bottom line of $50,000. With a decent ... credit score mortgage with no money down and no real income verification. Are you [more...]

Date: 2009-01-06 21:05:00

Self-Employed Still Getting Denied Home Loans, Despite Easing Market

Entrepreneurs_Home_Mortgage_Woes Entrepreneurs are used to dealing with problems people with steady paychecks often don’t have to worry about ... t get a $500,000 loan for a home in San Francisco, despite having a stellar credit score of 800 ... . Here’s yet another one: getting a home loan. The mortgage-lending crisis that’s frozen so many [more...]

Date: 2008-12-02 14:00:28

Rain City Mortgage Rates

Just a reminder that next Thursday is Thanksgiving and banks will be closed.  Our office will be closed until Monday, December 1, 2008 ... with a mid-low credit score of 720-739, “full doc” purchase with a sales price of $500,000 and a loan ... a mortgage with loan amounts of $417,001-$567,500 by the end of the year, please check [more...]

Date: 2008-11-21 22:37:18

Treasury Makes Subprime Auto Loans

One day after the treasury (taxpayers) injected $6 billion into the failing auto industry GM, GMAC ease lending rules to entice car buyers ... of 620 or lower to be "subprime." The median U.S. credit score is 723, according to Fair Isaac ... . Many of the vehicles also carry cash discounts of $500 to $4,250.GMAC, meanwhile, will extend loans [more...]

Date: 2008-12-30 19:56:00

Rain City Friday Rate Update

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  The conforming rate quote below is based on owner occupied with a mid-low credit score of 720-739, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000.  This scenario [more...]

Date: 2008-12-12 21:18:32

It's a New Year -- Get a $500 Tax Credit on Energy Savings

Now that 2009 has begun, the opportunity is here to enjoy income tax credits for energy efficient home improvements ... more specifics, see the Energy Star website. Other links: For kids Get your personal energy score [more...]

Date: 2009-01-13 22:43:04

Mortgage Rates following a Dismal Jobs Report

This mornings Jobs Report was ugly. 240,000 non-farm jobs lost in October (higher than the expected 200,000) and unemployment at 6.5% ... with a sales price of $500,000 and a loan amount of $400,000. Rates are priced based on a low-mid credit score [more...]

Date: 2008-11-07 16:48:53

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