Today's Featured Article:
Repair Your Credit, Build Your Survival Foundation
Why is it important to have good credit?
With today's society becoming more and more business oriented, establishing and maintaining good credit is vital if you plan to do any of the following:
1. Apply for employment
2. Rent an apartment
3. Open a bank account
4. Setup an account with public service or the telephone company
It used to be that establishing good credit was important only if you planned to buy a home or car, but not anymore. The simplest task, such as applying for employment could very much mean that you need good credit.
Having bad credit Click here to read the rest of this article ...
Latest "home equity loan interest rates home equity loan interest" News:
Home sales are up but prices are falling: Who's buying houses? (San Jose Mercury News) Current home shoppers, experts say, generally fall into two camps '” first-time home buyers and investors. Almost all other buyers remain on the sidelines, either because they're unable to qualify for low-interest loans or because their current home has lost so much value they don't have enough equity for a down payment on a new one. Mon, 05 Jan 2009 15:22:53 GMT
Jumbo mortgage loan rates put damper on refinancing (Boston Globe) While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions. Mon, 05 Jan 2009 08:44:21 GMT
Retirees who counted on home equity looking for new options (The Pantagraph) The safety net is almost gone, the nest egg is cracking. Many Americans have recently found themselves changing retirement plans after losing a substantial amount of home equity as the housing market and the overall U.S. economy struggle. Sat, 03 Jan 2009 10:19:56 GMT
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