Closing on a Home? Don’t Do These Things It’s a great time to buy a home. With the real estate crash, prices are way down and mortgage rates have never been lower. But if you are not careful, a new rule recently enacted by Fannie Mae could end your homeownership dreams. Effective June 1, Fannie […]
Free Credit Scores Possible at Key Times
Free Credit Scores Possible at Key Times The U.S. Senate’s approval of a far-reaching financial regulatory bill carries great news for consumers in an increasingly credit-sensitive world. Contained in the bill is a requirement that companies provide you with the credit score they used to deny you credit, impose a higher interest rate on your […]
Navigating the Mortgage Minefield
Navigating the Mortgage Minefield Even if you have stellar credit these days, there may be stumbling blocks in the road toward getting approved for a mortgage. The smallest misstep can set back the process. Lenders check credit reports at the beginning and toward the end of the process, any changes are scrutinized and could be […]