Last Week in Review; The Jobs Report
The Jobs Report for March was released on April 1, and that’s no joke. But did the numbers give us something to smile about?
Category: mortgage loans raleigh nc
Lower Payment vs. Lower Rate of Interest
Therefore, many people may be better served by having a smaller mortgage payment under a 30-year fixed – and then saving or investing the extra money. Note, saving and investing rather than spending the extra money is the key point here.
Mortgage Rates Increase
Mortgage Rates Increase An improving economic outlook was unfavorable for mortgage rates this week. The Dow stock index reached a new high for the year, as investors shifted funds from bonds to stocks. Weaker than average demand for the 7-yr …
NC $10,000 home buyer tax credit?
“We’re looking at ideas on how to create jobs. This creates jobs in that (one-year) window of time.”–Rep. Harold Brubaker (R-Randolph) speaking about the merits of HB 485 New Home Purchase Stimulus.
Can a Home Equity Line of Credit (HELOC) impact my credit score
Q&A: Impact on Credit Scores? QUESTION: Can a Home Equity Line of Credit (HELOC) impact my credit score? ANSWER: Credit expert Linda Ferrari (author of “THE BIG SCORE: Getting It and Keeping It, Buying Power for Life”) explains that HELOCs are …
Can a Home Equity Line of Credit (HELOC) impact my credit score Read more »
Rent payments now appear on Experian credit reports
Even if you use traditional credit very little, now you can build a good history by having your rent payments reported to the credit bureau.
Practical Tips for Improving Your FICO Scores
many people don’t know is that recently the credit bureau changed how they handle credit inquiries and so now when you shop for a mortgage, even if multiple lenders review your credit they will all see the same scores and information so long as the last credit inquiry is within 14 days of the first.