Existing-Home Sales Decline Prices Drop Inventories Rise In July, the number of homes sold fell 0.2% a fifth straight decline. The median home price was $228,900, down 0.6% from July 2006. Source: http://feeds.realestatejourn ... (Posted: 8/28/2007 2:51:22 PM) Permanent Link Accredited Stops Accepting New US Loan Applications Accredited Home Lenders will cut more than 1,000 jobs as it deals with credit-market turmoil. Source: http://feeds.realestatejournal.com/~r/wsj/realestate_journ ... (Posted: 8/28/2007 2:51:20 PM) Permanent Link Five Big Mistakes That Mortgage Seekers Make Seucuring financing is even tougher these days. Marhsall Loeb outlines the goofs that can prevent you from getting a loan. Source: http://feeds.realestatejournal.com/~r/wsj/r ... (Posted: 8/28/2007 2:51:18 PM) Permanent Link Desperate Home Sellers Try Unconventional Selling Tactics Selling a house is no easy task so owners are turning anywhere they can for help -- including feng shui and St. Joseph. Source: http://feeds.realestatejournal.com/~r/wsj/real ... (Posted: 8/28/2007 2:51:10 PM) Permanent Link Five Houses Vie to Become Most Expensive Home Sale A group of homeowners is trying to break the $103 million record for the priciest residence sold in U.S. history. Source: http://feeds.realestatejournal.com/~r/wsj/reale ... (Posted: 8/28/2007 2:51:07 PM) Permanent Link Full Force of Housing Glut Is Felt As Condominium Buyers Bac Foreclosures and bankruptcies of condo projects are rising as buyers who signed contracts two or three years ago are having trouble getting financing. Source: htt ... (Posted: 8/28/2007 2:51:04 PM) Permanent Link Home Sales Offer Encouraging Signs The number of new homes sold rose 2.8% in July, and Junes results were revised upward. But groundbreakings by home builders fell to the lowest level in 10 years. Source: (Posted: 8/28/2007 2:51:02 PM) Permanent Link Toll Brothers Offers Glimmer Of Hope on Jumbo Mortgages The home builder said it hasnt faced problems selling off jumbo mortgages, even as the luxury home builder posted an 85% drop in earnings. Source: http://feeds.re ... (Posted: 8/28/2007 2:50:57 PM) Permanent Link Bank of America Invests 2 Billion in Countrywide The lender acquired an equity stake in Countrywide in a bid to bolster the confidence of creditors and investors in the mortgage provider. Source: http://feeds.re ... (Posted: 8/28/2007 2:50:53 PM) Permanent Link Credit Score Under 660 If you have a credit score of below 660, do not be deterred. Despite many changes in secondary marketing guidelines, there are still programs available for those with credit scores below 660. There are still 100% financing, low down payment financing, and high ltv cash-out refinances available for ... (Posted: 8/28/2007 2:43:34 PM) Permanent Link Tags: [credit score 660, fannie mae, fha, va, subprime, ] Quickest Ways to Improve Your Credit Score There are several things that can be done to improve your credit score. The most obvious thing that can be done to quickly improve your credit scores is to keep your payments on time, pay your balances down to below 50% of your credit limits, do not close credit card accounts if you can avoid to, an ... (Posted: 8/28/2007 2:43:33 PM) Permanent Link Tags: [credit score, fico, credit, raise credit scores] Free Rapid Rescore - Expedited Credit Repair Average turnaround time for free rapid rescore is about 3business days. Transunion's call center has a department called the 'mortgage pending department'. It's very important to know that this department is for mortgages only, and not other types of transactions. The borrower will first need to ... (Posted: 8/28/2007 2:43:30 PM) Permanent Link Tags: [credit repair, rapid rescore, ] Mortgage Credit Crunch With all of the talk recently about a mortgage credit crunch, many folks are wondering what loan programs remain. More importantly, many people want to know what kinds of loan programs will be available to them when they go to refinance or purchase a home in the future. We will take a look at what ... (Posted: 8/28/2007 2:43:29 PM) Permanent Link Tags: [mortgage, credit crunch, tightening standards] Estimate Credit Score How can i estimate my credit score? Many consumes often wonder what there credit score is. In truth there really is no way to know what your credit score is unless you actually pull a credit report. However there are some ways that you can estimate your credit score. Credit reports rely heavily on c ... (Posted: 8/28/2007 2:43:27 PM) Permanent Link Tags: [estimate, credit score, credit report, fico]

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