Home prices drop as foreclosure rates soar

Home price index reports home prices down nationally by the largest margin since 28008, partially due to increased number of foreclosures.
House in foreclosure

Applying for loans can cause credit score drops

The point of having a good credit score is to get approved for loans with good rates. However, applying for a loan will ding a credit score.
Image of a persons' credit report

New mortgage shopping sheet attempts to simplify and clarify

The CFPB today offers two prototypes of a new disclosure form for mortgage borrowing in an attempt to clarify the process for consumers.
glasses resting on mortgage application

Where Is The Best Place To Get Payday Loans Online and Why?

There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?
There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?

CFPB to make simpler mortgage disclosure forms a priority

The Consumer Financial Protection Bureau reportedly will place high priority upon simplifying mortgage disclosure forms for homebuyers.
A nonplussed man suffers the existential agony of dealing with mortgage and other financial papers.

Consumers opting to pay credit cards over mortgages

Underwater mortgages have encouraged consumers to pay credit cards instead, according to a recent study by the TransUnion credit bureau.
A man poring over his bills contemplates a Post-It note that reads “Pay off credit cards!”

Bank of America to stop offering reverse mortgages

After only four years, Bank of America is shuttering its reverse mortgage business in favor of "going other directions," says the company.
Bank of America

Why Borrow Money On Installments To Keep From Defaulting On Bills And Ruining Your Credit?

Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.
Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.

Maryland mortgage broker pleads guilty to loan fraud

A former mortgage broker in Maryland has admitted that for several years, he turned legitimate mortgage applications into fraudulent money.
Mortgage loans

Mortgages becoming very low interest loans

Mortgage rates are lower than they ever have been. Mortgages are becoming some seriously low interest loans, if you can access the credit.
Davis Mansion

Federal Housing Administration plans mortgage rate increases

The rate on Federal Housing Administration loans is set to go up - though payments will not increase by much. READ ON...
For sale

How To Use Short Term Loans To Save Your Budget

There are plenty of things eating your budget and late fees on the bills is typically the biggest waste and easiest to fix with short term loans.
There are plenty of things eating your budget and late fees on the bills is typically the biggest waste and easiest to fix with short term loans.

Mortgage loan officers subject to new lending regulations

In New York state, being a mortgage officer now requires a license. But there are debates on whether the licensing requirements are enough.
Paperwork

Market signs force people to watch mortgage and personal loans

An economic downturn is forcing consumers to watch their personal loans, mortgage loans and credit card accounts vigilantly. READ MORE >>>>>
Businesses are watching market signs closely, making strict decisions on mortgages and personal loans.

Survival Tips for Two-Income Households

Couples in two-income households often find themselves bickering over money. These tips can help cut down the strife of competing paychecks.

Personal Loans Online Do Not Requre Credit Checks Or Collateral Deposits

Credit checks cause damage to your credit score. These are the factors that you will appreciate knowing so you can get a personal loan without ruining your credit or putting up collateral.
Credit checks cause damage to your credit score. These are the factors that you will appreciate knowing so you can get a personal loan without ruining your credit or putting up collateral.

People with Unsecured Loans Have Options While Students Do Not

People with mortgage, credit card and unsecured loans have negotiation options, but those with student loans don't. READ MORE ...
a disgruntled looking young man sitting behind a stack of text books

Lowering the Prepayment Penalty can create Emergency Money

Negotiating a prepayment penalty can be a viable option for consumers looking to find emergency money.

Understanding the Home Buying Process

Buying a home is a journey, and it's important to understand what you'll be facing before you get started. Read on to learn more about the home buying process.

Why Using a Cash Advance For a Spending Spree Is a Very Bad Idea!

Cash advances, although a modern convenience, are not to be used for for irresponsible spending. Use them wisely and you will improve your financial situation.
Cash advances, although a modern convenience, are not to be used for for irresponsible spending. Use them wisely and you will improve your financial situation.

Mortgage, Auto and Personal Loans Depend on Good Credit

Anyone looking for mortgage, auto or personal loans today needs to keep a sharp eye on their credit score.

Six Tips for Getting Your First Mortgage

Applying for your first mortgage can be a stressful experience. Here are some tips to help make the process a little easier…