|
| |
loans: Credit Rating More Important Than Ever!! - 10/09/08 02:38 PM
With lenders tightening the reigns on credit these days, it has never been more important to have a good credit rating. Here are a few useful tips that can help you obtain and then maintain the highest credit rating.
What goes into your credit score?
Payment History (35% of the rating) Length of Credit History (15% of the rating) New Credit (10% of the rating) Types of Credit Used (10% of the rating) Debt (30% of the rating) (try to keep all balances below 50% of high credit limit) Pay all bills on time. This is probably the most important factor … (1 comments)
|
loans: Where is the bottom of this market? - 10/08/08 12:22 PM
Every time you open the paper or turn on the computer it seems like there is only bad news on the economy. The stock market is down over 35% over the past year, and home prices have also declined. In a recent survey it was reported that over 60% of Americans think a depression is likely. While the economy is facing some very tough times, and the financial and real estate sectors are not functioning properly, the economy as a whole is not like to fall into a depression. A recession, yes. It is my opinion that most people have panicked and … (5 comments)
|
loans: Fannie Mae to raise loan limits???? - 01/25/08 11:07 AM
Within the stimulus package proposed in Washington, there is a provision that would allow for the conforming loan limits to be raised from their current limit of 417,000 up to as much as 625,000. This proposal states that the raise in limit would only last for 12 months, mainly to help borrowers in high cost regions like California be able to refinance and stay out of foreclosure. This could be great news for the people who live in these regions. It will likely have little impact on the local market in Nashville Tennesee where I live.
Thanks,
Chris Haynes
www.besttnloans.com
… (2 comments)
|
|
|
|
|
|
CHRIS HAYNES
Mount Juliet,
TN
More about me…
Peoples Home Equity Inc.
Address: 2685 North Mount Juliet Rd, Mount Juliet, TN, 37122
Office Phone: (615) 288-4452
Cell Phone: (615) 945-3994
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)