Monday, April 25, 2005

Quicken Loans - Mortgage News
Mortgage Misconceptions - You Should Always Get a 30-Year Mortgage
Today's mortgage myth, 30-year fixed-rate mortgages are always your best choice. Find out who a 30-year fixed is right for, and when you're just paying for security you'll never need.
Drop In Mortgage Rates Likely Temporary
Last week's dramatic decline in mortgage rates were spurred on by statements from the Federal Reserve. Find out why experts predict these rates won't last long and why now may be consumers'last best chance to lock in a historically low mortgage rate.
Housing Starts Tumble 17.6% in March
Dropping to their lowest level since 1991, housing starts slowed to a 1.837 million annual rate. Read more about the report below.
Mortgage Application Volume Jumps 6.1% in Latest Survey
The Mortgage Bankers Association reported that mortgage applications rose 6.1% last week, with the purchase and refinance shares both posting gains. Read more about the report below.
10 Ways to Improve Your Credit Score
The average American carries over 9,000 dollars in credit card debt. Late and delinquent payments, bankruptcy and foreclosure can dramatically affect your credit score. Learn how to better manage your debt and repair a damaged credit score.
Understanding Credit Reports and Scores
Your credit score is a numeric representation of your financial responsibility that lenders look at every time you apply for credit. Find out how your credit score is calculated and see answers to common credit misconceptions.
Mortgage Q&A - Refinancing A 30-Year Fixed-Rate Mortgage
A couple currently has a 30-year mortgage at a good interest rate. They are wondering what the advantages and disadvantages of refinancing to an interest-only mortgage would be. Find out how managing your mortgage can help you meet your financial goals.
Curb Appeal - First Impressions Count
With summer fast approaching, many Americans are considering trading up to a new home. If you're planning on selling your home this summer, find out three easy ways to increase your home's curb appeal.
Job Growth Falls Short of Expectations In March
110,000 new jobs were created in March, well below the 225,000 that most had forecast. As a result, mortgage rates have fallen, giving people another chance to grab a low interest rate.
Mortgage Applications Rise In Latest Survey
Boosted by a rise in purchase loans, mortgage applications rose 2.4% last week. Despite the overall increase, refinance activity dropped for the second straight week. Learn more about what's happening in the mortgage market.

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