There actually was a time when people incinerated their cash. Some even used it as wallpaper because the money was worthless. It was in the Weimar Republic in Germany during the 1920s, when hyperinflation plagued the country. Hyperinflation is when …

Burning Cash Is Insane Read more »

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The three primary credit bureaus that establish your credit scores are TransUnion, Experian and Equifax. It is not uncommon for all three bureaus to have different scores. For example, your three scores may be a 687, 702 and 679. The …

Free Credit Reports from TransUnion, Experian and Equifax Read more »

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Do not listen to people who say you need at least 20 percent for a down payment on a conventional mortgage loan. Take HomePath financing, which allows home shoppers to buy a Fannie Mae foreclosed home with only a 5 …

HomePath Loan: 5 Percent Down Payment for a Conventional Mortgage Read more »

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I performed a study on the mail people receive after they purchase a home, and I found that many companies market to this demographic. Before homeowners buy any of the products or services solicited to them, they need to know …

Don’t Pay For Those Mailed Marketing Services Read more »

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Often, I hear people asking about tricks to boost their credit score. Here’s a simple one: Keep paying down your credit cards so your monthly statements reflect your balance is 20% of the credit limit. Make sure to pay this …

Boosting Credit Score Tricks, Tips: Debt To Available Debt Read more »

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Anybody making a down payment on a home needs to know there are restrictions on how those funds can be obtained, as well as the source of any assets. For instance, money stashed under a bed mattress cannot be used. …

Acceptable Types of Assets for a Mortgage Loan Read more »

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Anyone who works in the financial sector has had a client or two who are quick to state how much money they make. Problem is, sometimes that number doesn’t match their tax returns, and the days of stated income are …

Acceptable Types of Income for FHA Loans Read more »

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The Tampa Bay Times quoted Plant City Mortgage president Nate Davis several times in an article about Federal Reserve policy and its effect on mortgage interest rates, among other things. It was published on page 1 of the business section, …

Plant City Mortgage in The Tampa Bay Times Read more »

With mortgage interest rates wavering up and down lately, there’s been a lot of hoopla about the cause of this roller-coaster ride. I’ll clear the air for you, and it starts with investors. Many of them pile money into stocks …

Why Do Mortgage Interest Rates Change? Read more »

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