February 2009 - Posts

FICO ’08 LAUNCHED
Fair Isaac Corporation is finally rolling out the latest remake of its FICO credit score , which is the scoring standard for mortgage lenders. Yes, it has taken until 2009 to get FICO ‘08 launched, and even now many consumers, potential homeborrowers Read More...
Posted 28 February 09 06:32 by Robert Buckman | 0 Comments   
Filed under , ,
FIRST-TIME HOMEBUYER CREDIT EXPANDED
T he economic stimulus bill just signed into law contains two major items for 2009 homebuyers. The measure increases the first-time homebuyer tax credit to $8,000 and does away with its onerous repayment requirement. It also reinstates the 2008 loan limits Read More...
Posted 28 February 09 06:28 by Robert Buckman | 1 Comments   
Filed under , ,
THE SPRING 2009 MORTGAGE OVERVIEW
W ill the lower mortgage rates we have seen so far in 2009 help to lift the housing market this spring? There have been several positive market developments recently, lower rates among them, but whether these positives finally have enough power to jump Read More...
Posted 28 February 09 06:23 by Robert Buckman | 1 Comments   
Filed under , , ,
Should You Pay Down Your Mortgage
I n the old days (much of the last century), many people stayed in their homes for 30+ years, long enough to pay off their mortgages and live mortgage-free ever after. In the more recent past, mortgages became transient instruments, remaining in existence Read More...
Posted 28 February 09 06:19 by Robert Buckman | 0 Comments   
Filed under ,
The Spring Housing Market Outlook
T he spring housing market is usually greeted with eagerness and enthusiasm by home sellers and buyers, Realtors and mortgage professionals. This year, though, it is being met with, well…hope. While there are still plenty of negatives, a sour economy Read More...
Posted 28 February 09 06:06 by Robert Buckman | 1 Comments   
Filed under , , , , , , ,
Outlook for Spring
T he spring housing market is usually greeted with eagerness and enthusiasm by home sellers and buyers, Realtors and mortgage professionals. This year, though, it is being met with, well…hope. While there are still plenty of negatives, a sour economy Read More...
Posted 28 February 09 06:06 by Robert Buckman | 0 Comments   
Filed under , , , , , , ,