Mortgage delinquency rate declines, but is still high

News from USA TODAY:

By Alex Veiga, Associated Press
Updated

LOS ANGELES – The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months this year to the lowest level since 2009.
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Some 5.78% of the nation’s mortgage holders were behind on their payments 60 days or more in the January-to-March quarter, [...]

Military Loan Money For People With Bad Credit History

News from Virtual-Strategy Magazine:

Flexible new military loan reviews for armed forces members with a bad credit score have been announced by online lending authority Reallybadcreditoffers.com. The new loan offers provide service men and women with bank loan offers with added repayment flexibility designed to accommodate the demands of military service.
San Diego, CA (PRWEB) May 09, [...]

Keeping credit score high when you carry big card balances

News from CreditCards.com:

Credit Cards > Credit Card News > Tanisha Warner: Keeping credit score high when you carry big card balances
Keeping credit score high when you carry big card balances
Too much debt makes issuers wary, even with a perfect payment history
By Tanisha Warner

Credit Care

Tanisha Warner is the communications manager for Money Management International, where she manages [...]

Credit score killers that cost you money

News from NewsNet5.com:

It’s one of the most mysterious numbers in our lives:  Our credit score.
We all know that a good score is essential to getting a home or car loan. But how do you improve it? And more importantly, what are the credit score killers that can hurt you?
Credit score confusion
John Puthoff thought he’d check [...]

Susan Tompor: Consumers’ credit scores improving

News from Detroit Free Press:

Credit scores turned into one ugly number for many consumers throughout the recession — putting a halt to how much buying and borrowing consumers could do.
So it’s pretty upbeat news to hear that more consumers are edging near perfect FICO scores.
The number of consumers in the top FICO score range — [...]

Mortgage rates hit record lows

News from The Durango Herald:

WASHINGTON � Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows last week, offering more incentive for Americans to buy or refinance homes.

Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.84 percent, the lowest since long-term mortgages began in the [...]

620, 680 or 720? What credit score do you need for a mortgage?

News from KLJB:

By Kirk HaverkampProvided by
What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers. 
It’s well-known that it’s harder to get a mortgage these days than it was back in the boom days of the housing bubble, when it [...]

The Hidden Benefits of Credit Scores

News from Business Insider:

Stephen Chernin / AP

Credit.com is the source for expert information and news about credit cards, credit scores, credit reports and the credit business.
Recent Posts

Cleaning Your Mess Of A Credit Report Is About To Get Easier
Consumer Credit Default Rates Drop at End of First Quarter

>>> Read the full article

Related News:

 
CrazyOnDigital Slim Folio [...]

Mortgage rates fall to new record lows

News from USA TODAY:

By MARTIN CRUTSINGER, Associated Press
Updated

WASHINGTON – Average rates for 30-year and 15-year fixed mortgages fell to new record lows this week.

By Steven Senne, AP
A home for sale in Newton, Mass., in September 2011.

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Mortgage buyer Freddie Mac said Thursday that the average interest rate on 30-year loans fell to 3.84%, lowest [...]

620, 680 or 720? What credit score do you need for a mortgage?

News from KNDO/KNDU:

By Kirk HaverkampProvided by
What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers. 
It’s well-known that it’s harder to get a mortgage these days than it was back in the boom days of the housing bubble, when it [...]

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