Linda Ferarri, President of Credit Resource Corporation, is an expert on credit remediation. Watch this informative video clip now and find out what five elements make up a credit score. Five Factors that Make Up a Credit Score
If a family member asked my advice and they were scheduled to close on a mortgage purchase or refinance in the time periods noted below, I would recommend... 1-7 Days 8-20 Days 21-45 Days 46 Days Plus Locking Locking Floating Floating Check MBS pricing here. 4:22 PM EST Market News As predicted last Friday by … Continue reading Mortgage Pricing Report- October 13, 2008
Both the House and Senate passed the massive bailout bill this week. What caused this mess and what does it mean for everyday people like us? Take the time to listen to an interview by Brian Brady, Sean Purcell and Greg Swann addressing: "The Community Reinvestment Act (original sub-prime loans), conceived in 1977 and super-charged … Continue reading Underneath The Hood of The Bailout Bill
I really hate getting partisan or political. Believe me when I tell you, BOTH Republicans and Democrats talk out both sides of their mouth. Yet today, I kept hearing Republicans blamed for the failure to regulate Fannie and Freddie properly and that's just a plain outright lie. Again, I'm not endorsing one party over the … Continue reading Did The Push To Make Every American A Homeowner Cause Fannie/Freddie Collapse?
As homeowners insurance premiums rise across the nation, Bankrate.com writes a helpful story on ways to keep your premiums down. The tips may surprise you. Some of the highlights include: Don't think a series of small claims is better than one big claim. The smaller clains are more expensive to process for an insurer and … Continue reading Simple Steps To Keep Home Insurance Down
Buying a home can be both an exciting and stressful process. Understanding the process, the players and terminology can help take the stress out of the experience and give you the confidence necessary to make the best decision for you and your family. Be patient and know once you have passed through each stage, you're … Continue reading Understanding The Home-Buying Process
Understanding what a lender needs in order to justify approval of a mortgage can be very helpful if you decide to purchase a home. The lender is looking mainly at five factors in evaluating your qualification for a home loan. Cash or Capital Assets - The funds you have available for the down payment and … Continue reading Understanding What A Lender Needs To Approve A Loan