The company behind the popular FICO scoring model has published a “What If?” series for common, specific credit missteps.
Entries Tagged as 'Real Estate'
See How Credit Missteps Lower Your Credit Score
November 26th, 2010 · Comments Off on See How Credit Missteps Lower Your Credit Score
Tags: Consumer Interest · Credit Scoring · Mortgage Lending · Real Estate
October 2010 : 5 States Account For Half Of The Nation’s Foreclosure Activity
November 24th, 2010 · Comments Off on October 2010 : 5 States Account For Half Of The Nation’s Foreclosure Activity
As usual, foreclosure density varied by region last month, with just 5 states accounting for close to half of the nation’s repossessed homes.
Tags: foreclosures · Pennsylvania · Real Estate
Housing Starts Data Much Better Than The Headlines Would Have You Believe
November 23rd, 2010 · Comments Off on Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.
Tags: Economy · Housing starts · Pennsylvania · Real Estate
Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January
November 22nd, 2010 · Comments Off on Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January
So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.
Tags: New Jersey · Pending Home Sales · Pennsylvania · Real Estate
As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
November 8th, 2010 · Comments Off on As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
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.
Tags: Economy · Homebuilders · Real Estate
Time To Refinance? Mortgage Rates Down 1.00 Percent Since April.
November 6th, 2010 · Comments Off on Time To Refinance? Mortgage Rates Down 1.00 Percent Since April.
The rate-and-fee combination you’d get in your home state is different from the rate-and-fee combination you’d get if you lived somewhere else. In the West, rates are low and fees are high; in the Southeast, it’s the opposite.
Tags: Mortgage Lending · Mortgage Rates · Real Estate
New Home Housing Stock Drops To A 5-Month Low
November 4th, 2010 · Comments Off on New Home Housing Stock Drops To A 5-Month Low
After improving 1 percent in August, New Home Sales popped another 7 percent in September. It’s no wonder homebuilder confidence is at a 5-month high.
Tags: Economy · New Home Sales · Real Estate
Better Credit Scores Get Better Mortgage Rates
November 2nd, 2010 · Comments Off on Better Credit Scores Get Better Mortgage Rates
Mortgage approvals are primarily based on good income, good equity and strong credit, and, without all three, the best rates of the day remain out of reach. Do something about your credit score.
Tags: Credit Scoring · Mortgage Lending · Real Estate
Housing Starts Jump In September, Buoyed By Homebuilder Confidence
October 30th, 2010 · Comments Off on Housing Starts Jump In September, Buoyed By Homebuilder Confidence
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.
Tags: Housing starts · New Jersey · Pennsylvania · Real Estate
Home Values Up 0.4 Percent In August, On Average
October 29th, 2010 · Comments Off on Home Values Up 0.4 Percent In August, On Average
The Federal Home Finance Agency’s data showed values up 0.4 percent nationwide, on average. Region-by-region, however, the results were scattered. Coastal states tended to perform poorly. Plains states tended to perform well.
Tags: Economy · Home Price Index · Real Estate