Tampa Bay Mortgage Minutes

With today's combination of lower home prices, some of the lowest interestrates the industry has ever offered, and the $8000 tax incentive for first-time buyers, buying a home has never been so attractive. The only real hurdle left for many Americans is coming up with a down payment. With this in...

Credit scores arecomprised of five factors. Points are awarded for each component, and a high score is most favorable. The factors are listed below in order of importance. 1. PAYMENT HISTORY - 35% IMPACT Paying debt on time and in full has the greatest positive impact on your credit score. Late ...

The credit scoring model seeks to quantify the likelihood of a consumer to pay off debt without being more than 90 days late at any time in the future. Credit scores can range between a low score of 300 and a high score of 850. The higher the score, the better it is for the consumer, because a h...

Introduction The subject of credit scoring has become an increasingly hot topic, and for good reason. For many years, the general public only associated the concept of credit scoring with the need to purchase high-ticket items such as a new car or a home. Today, credit scoring goes much further....

The following is an article from The National Association of Realtors: Daily Real Estate News | May 18, 2009 Detailed guidance on the federal government's plan to provide short-term loans to borrowers using the First-Time Homebuyer Tax Credit is expected to be out shortly, but a spokesperson from...