The freefall continues.  According to many leading forecasters, home prices are expected to drop further in the first half of this year, then rebound later in the year.  The expectation is that unemployment will slide a bit, sparking purchases in housing.  Forecasters are looking for a 5-8% increase in home sales by the end of [...]

November 10, 2009 It used to be that a 720 was considered an excellent credit score, however that’s no longer the case.  The new benchmark for excellent credit when it comes to mortgage rates is now a 740 or better.  When we obtain a credit report, we go off the middle score (not average) when [...]