Cash may be king, but maintaining good credit is also a necessity.
Everyone wants to have a better financial 2015. Here's one way to make that happen.
(Wall Street Journal) — Mortgage rates, after hitting record lows this summer, are rising. But the rates are still tantalizing for borrowers looking to refinance out of an onerous loan. For the week ended Dec. 9, the average rate for 30-year fixed loans was 4.46%, according to Freddie Mac, up from 4.17% in early November […]
(The Network Journal) — If you’ve been through a foreclosure, you may wonder if there is hope for you to become a homeowner again. Yes, but it will take awhile. “It doesn’t mean you’ll never be a homeowner again,” said Linda Davis-Demas, director of housing at Consumer Credit Counseling Service of Greater Dallas. But you’ll […]
(The Root) — It’s a cruel irony of life that, as Billie Holiday sang, “Them that’s got shall get,” but practices in today’s job market suggest that those in the best position financially have a better chance of being hired to fill the limited openings available. That’s because credit checks are increasingly becoming a standard […]
(WSJ) — In New York City’s hypercompetitive rental market, it’s hard enough to find the perfect apartment. Harder still to put in a lease application, round up documents and ready deposit checks, only to be turned down for vague reasons. A proposal in the financial overhaul now nearing passage in Congress may offer rejected renters […]
A review of the housing crisis illuminates its acute impact on the middle class.