Tag Archives: Loans

How The Government Shut Down Affects Home Loans

Today, I read numerous articles that addressed the issue of the government shut down and how this shut down affects mortgage loans. The following three articles give hopeful information indicating that for the most part, the shut down will not … Continue reading

Posted in Banks, Buying, Lenders, Loans, Mortgage, Real Estate | Tagged , , , , , , | 3 Comments

The Range Lenders Use to Determine Credit Score Rating

What Factors Are Considered in Generating a Credit Score? While we don’t know the exact formula and algorithms used to calculate the credit score, we do have an idea of how the score is determined. It is is all based … Continue reading

Posted in Credit, Credit Rating, Credit Score, Lenders, Loans, Mortgage | Tagged , , , , | Leave a comment

Interest Rates are the Lowest in History

When I hear people complain about interest rates being so high I wonder how low people expect interest rates to go before they realize they are seeing the lowest interest rates in history. I remember when I looked at purchasing … Continue reading

Posted in Banks, Interest Rates, Lenders, Loans, Mortgage | Tagged , , , , , , | 1 Comment

Foreclosure Deal Helps Homeowners Who Are Deeply Underwater

The federal court is finally moving in the right direction with a $25-billion nationwide settlement over alleged foreclosure abuses of five major U.S. banking firms. Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc., and … Continue reading

Posted in Banks, Loans, Mortgage, Real Estate | Tagged , , , , , , , , , , | 1 Comment