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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

Credit Reports and Credit Scores
November 24, 2004 What Is a Credit Report? A credit report is a report from a credit bureau containing detailed information bearing on credit-worthiness, including the individual's credit history. A typical credit report includes the following: Personal information. ... more...

low interest mortgage rates real estate homeowner home buying credit score related definitions

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more...

More about low interest mortgage rates real estate homeowner home buying credit score

Florida Investment Real Estate and What Are Considerations Before Buying
Investment Real Estate, First Things FirstConsidering investing in property? What are some pertinent things to consider before taking this leap? Of all the investment possibilities, investment in land generally produces the most positive results. It is vital, however, to carefully investigate ... more...

Secured Homeowners Loans In Case You Thought a Home is Worth Few Dollars
Money is like music, if managed well, produces a good symphony. One wrong note one wrong decision it produces a jarring sound. A homeowner knows what an important investment home is. And he or she cant probably go wrong with this kind of investment. If you are intending to draw money on this ... more...

Buying a Vacation & Retirement Home
Buying a vacation home that doubles as a future retirement home requires forethought and thorough investigation. Conventional wisdom tells us to first settle on a desired location and then look for the least expensive house in the best possible neighborhood. This is of course true, but buying a ... more...

Fair Isaac Corporation Credit or FICO Score
As I am not from the US, I had no idea what FICO meant before researching it. FICO stands for Fair Isaac Corporation, a company based in California. FICO, put simply, is a person's credit score. A credit score can be used by a potential lender in making a judgement on whether to grant you credit or ... more...

Should You Use a Lease/Purchase (Rent to Own) Approach to Sell or Rent Your Home?
Have you ever dealt with bad renters? Late payments? Stains on the carpet? Calls late at night about a stopped toilet? Sometimes being a Landlord is not a fun game, especially when you have a nice home and bad tenants.Have you taken advantage of the recent low interest rates and refinanced your ... more...

Real Estate Prices in the Bay Area
The rule of thumb for many potential Bay Area home owners is, try not to think about it too much. When looking at the average home price in the Bay Area, $560,000, and then looking at what $560,000 affords you (a 2 bedroom home in Stockton or a studio apartment in the Mission District of San ... more...

Real Estate Market: The Quintessential Business Cycle
The United States, Canada and all other modern industrial economies experience significant swings in economic activity. In some years most industries are booming and unemployment is low; in other years most industries are operating well below capacity and unemployment is high. Periods of economic ... more...

How Much Is Your Credit Card Really Costing You?
Most people do not give much thought to how much the use of credit cards really costs. While you may think you are aware of the costs of credit, there are many hidden fees and charges that often go unnoticed by consumers until it is too late. If you do not keep a very close watch on your credit ... more...

Halifax Loans If You Haven't Stumbled on Best Loans Yet
The origin of Halifax loans can be traced back to 1852 when a group met in Old Fax Inn in Halifax to discuss the founding of an investment society. Halifax, now, is a name associated with the competitive rates on personal loans, mortgage, credit card, home insurance. Halifax is a part of Halifax ... more...

Arizona Real Estate: The Valley of Dreams
A Strong Economy Makes Arizona a Popular Destination SpotPhoenix is one of the fastest growing cities in the nation, and with good reason. Phoenix and the valley area has long been a popular destination for many visitors. Whether drawn to the area to take advantage of the soothing climate or ... more...


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