Obtain Helpful Recommendations About Orlando Realtor

Part I Step 1: Spiff up your credit Good credit can lower your mortgage interest rates, potentially saving you hundreds of dollar a month ... . Order a credit report (usually free online). You can dispute any mistakes, but the most important thing is to build up good credit from here out. Lenders want clients who can pay bills on ... [more...]

Date: 2008-12-31 00:00:10

Blog posts (26) | Videos (33)
 

McCain Tax Jab Overlooks His Own Proposal

ABC News' Teddy Davis, Rigel Anderson, and Hope Ditto Report: John McCain is stepping up his assault on Barack Obama's tax plan ... the following litany of refundable tax credits favored by Obama: (1) a "make-work-pay" credit of up to $500, (2) a universal mortgage credit of 10% of mortgage interest, (3) three different extensions [more...]

Date: 2008-10-17 02:16:31

Mortgage Interest Rates Hit New Lows

Mortgage interest rates are sitting at about the lowest they have ever been. The averaged 30-year fixed rate loan is hovering at about 4.97% and the average 15-year loan is sitting at just 4.25% as of the week of September 25 th , 2009. These banner rates will be available to consumers with good credit scores, have significant home equity, and know how to shop around for the best deal. If you meet this criterion, it’s an absolutely great time to refinance your loan. [more...]

Date: 2009-09-30 17:45:59

FICO Fitness Fundamentals

A FICO score is the number that determines the interest rate you pay on credit cards, car loans and mortgages ... credit bureaus: Equifax, Experian and TransUnion. The FICO score is linked to just about every ... in your favor) Don’t apply for any new credit cards Review your credit report periodically to make [more...]

Date: 2008-11-25 16:08:53

Liens

If you do not pay State or Federal taxes or pay a debt owed to a creditor, they can make a claim against your property ... from the mortgage and the lien! How does a lien affect my credit report and credit score? This type of security interest looks very bad on your credit report. Potential lenders see a lien on file [more...]

Date: 2009-01-04 00:30:06

Sometimes, You Gotta Flush Twice.

Obama pieces together economic planObama released a report from his economic team that claimed a $775 billion economic stimulus package he is ... . With no savings account, and a low credit score, they are hardly rich. You're rich when your money ... the minimums on your credit cards, and just the interest on that jumbo mortgage doesn't make you rich [more...]

Date: 2009-01-10 16:09:00

Refinancing Your Mortgage

Refinancing Your Mortgage Posted by Internet Guru at December 7, ... credit record, but you need a credit score of 720 to access the lowest interest rates. You must fully ... will buy up to $600 billion of mortgage debt. BusinessWeek’s personal finance editor Lauren Young spoke [more...]

Date: 2008-12-07 14:19:44

Citi’s loss, Fannie’s PERS, Is the Fed the only one buying mortgages? Bond market closing early, Extending locks?

Toyota is developing a miniature, environmentally friendly car that is powered entirely by a rechargeable battery ... in fee, 15 days .35 in fee, and 30 days .60 in fee. For anyone interested in the news, check ... , as the credit crisis eroded mortgage-bond prices and customers missed more loan payments. And in other [more...]

Date: 2009-01-16 14:09:48

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

Tips a Home Owner Should Know Before Refinancing

by katie George Mounting debt has many homeowners considering refinancing their mortgage for the purpose of cashing out the equity to consolidate ... your real estate mortgage finance needs. Get a copy of your most recent credit report, preferable ... information on your credit report. A good clean credit report will get you the best interest rate on [more...]

Date: 2008-12-29 22:15:15

Deferred Interest Payment Plans Banned

I wrote on Monday about 0% APR, Same As Cash, and No Interest No Payments ... No PaymentsFinance Charge in Insurance Payment PlansPay Mortgage with Credit Card For Free ... . Upon closer reading of the final rules adopted by the federal regulators in December, I realized [more...]

Date: 2009-01-14 14:24:31

What Order Should I Pay Off My Debt?

Question:  What is the right strategy for paying off debt?  Should I pay off credit cards, or make more than the minimum payment to my interest only mortgage?  What about money I owe to a family member, who is not charging me interest?   Answer:  The first [more...]

Date: 2008-12-18 03:24:50

Mortgage Rates Hitt All-Time 38 Year Lows, Read On...

Just another quick update as I track several sources for mortgage news and rates, this time, notating that mortgage interest rates have hit all-time lows -- that's the lowest in 38 years ... market in January of 2009?  Credit, money, it's not flowing particularly from the banks, since they seem [more...]

Date: 2009-01-17 02:54:20

Mortgage Rates for Friday Afternoon

Compared to the past few weeks, this week seemed a little more calm with regards to mortgage interests rates.  30 year fixed hung around 5.875 - 6 ... is based on owner occupied with a mid-low credit score of 720-739, “full doc” purchase with a sales ... of the year, check in with your mortgage professional.  Some lenders are beginning to either pull [more...]

Date: 2008-11-14 22:14:30

Friday’s Mortgage Interest Rate Update

The comparison of rates is based on when I last posted on (I skipped a week while our family was vacationing at Lake Roosevelt) ... is based on owner occupied with a minimum credit score of 720, “full doc” purchase with a sales ... %) improved 0.25% to rate.  :) FHA.  Pricing based on credit score of 620 or better and loan [more...]

Date: 2008-08-29 21:09:42

Mortgage Interest Rate Drop Possible with Treasury Intervention

Treasury Secretary Henry Paulson is considering a new plan to reduce mortgage rates in another bid to revive the U.S ... for the lower rates. There are already a number of additions to rates due to credit score, loan ... is enormous. We saw the results of the investment of $600 Billion into the MBS market last week [more...]

Date: 2008-12-04 07:30:46

Compare Credit Cards for Best Deals

Now is not the time to be spending unnecessary money; ... and what that means not only to our cash flow but our credit report. Further, the fees that we wind up paying ... possible for us to shave money off of payments including lowering the interest rate on our mortgage through [more...]

Date: 2009-01-09 04:07:57

Great Recession Roundup — January 13, 2009

Items of Interest:Chairman Ben S. Bernanke / federalreserve ... institutions and shook investor confidence in credit markets. However, although the subprime ... larger and more encompassing credit boom whose impact transcended the mortgage market to affect many [more...]

Date: 2009-01-14 04:51:00

Princess Caroline Declines To Reveal Info About Personal Finances

The Caroline Kennedy for Senate story gets more and more interesting ... . Kennedy would have to file a 10-part, publicly available report disclosing her financial assets, credit card debts, mortgages, book deals and the sources of any payments greater than $5,000 [more...]

Date: 2008-12-23 15:38:33

A Mortgage Fact Pack

From Freddie Mac. Lots of interesting stuff there, including a breakdown that says that over 15 percent of some of their riskiest loans are ... loans--there may be others on the hook to take credit losses before Freddie does. If I read ... investment-quality loans. Hmmm... Here is a comparable report from Fannie Mae. [more...]

Date: 2008-11-10 21:02:47

Don’t Let Rates Get You, Lock It Posted By : rateempire

Don’t Let Rates Get You, Lock It Posted By : rateempire When interest rates begin to go up on mortgages, ... Citigroup. Energy shares fall with another decline in oil. Treasury yields drop. Fix your 5 biggest money mistakes You can’t control the stock market or fix the credit crunch, but there’s still plenty [more...]

Date: 2009-01-16 18:19:09

Research house upbeat on property stocks

Research house upbeat on property stocks It cites falling interest rates and possible favourable Budget measures By EMILYN YAP INVESTORS can ... credit for new investments,’ it explained. Banks may also introduce more attractive mortgage ... the operating environment for real estate companies this year, said Kim Eng Research in a report yesterday [more...]

Date: 2009-01-06 22:00:37

How to Receive Money from Reverse Mortgage

by Mulroony Vanrock A senior gentleman called me last Friday ... which lasts in perpetuity. The 3rd choice is to opt for a line of credit. In this circumstance ... . An important point about the line of credit is the unused portion of the line is actually accruing interest [more...]

Date: 2009-01-15 08:54:22

Arizona Mortgage Rates October 17, 2008

Arizona Mortgage Rates for October 17, 2008 Mortgage Related News This week we ran into more than one person who was interested in what lenders ... include: Must be a second home 400,000 max loan amount 75% Loan-to-Value International credit report ... are able to provide loans for Canadian Nationals. After some local discussion between [more...]

Date: 2008-10-17 16:18:20

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

Mortgage Mania 19 - The Jumbo Strikes Back

Amid all the celebration and hullabaloo associated with the recent drop in conforming interest rates as a result of the Treasury Department taking ... be willing to buy those that are considered low risk (excellent credit score, low loan-to-value ratio [more...]

Date: 2008-09-09 19:08:17

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