Ask the Expert: What credit score do I need to get a mortgage?

And what do you need to do to make the mortgage or refinancing process an easy one? The common assumption is that there is a minimum threshold that your credit score has to be to obtain a mortgage and to get a good rate. The truth is, there is no exact number because the loan approval process is a
See Original Article

“Inflation measures were broad-based, cementing expectations that the Federal Reserve will go forward with monetary tightening later this year,” Freddie Mac's deputy chief economist Len Kiefer said in a statement. Traders raised bets the U.S. central bank may increase key overnight borrowing costs
See Original Article

“Wednesday's Consumer Price Index report showed higher-than- expected inflation; headline consumer price inflation was 2.1% year-over- year in January, two tenths of a percentage point higher than the consensus forecast,” said Len Kiefer, Freddie Mac deputy chief economist. “Inflation measures
See Original Article

NEW YORK – After guaranteeing more than $1 billion in small business loans for the first time ever in FY 2017, the U.S. Small Business Administration (SBA) New York District Office reported record numbers after the first quarter of FY 2018. The cabinet-level federal agency has guaranteed 944 loans
See Original Article

KPMG LLP, the U.S. audit, tax, and advisory firm, has once again earned a spot on FORTUNE Magazine's 100 Best Companies to Work For list. Ranked at 29, the firm has been named to this list for the eleventh time since 2006. “Receiving this honor is a tribute to our extraordinary people, whose
See Original Article

Thiel, worth $3.8 billion by Bloomberg estimates, has been criticized by many tech industry players in Silicon Valley for helping elect President Donald Trump and secretly financing a lawsuit against tech blog Gawker that resulted in its bankruptcy. He has publicly criticized the California tech hub for
See Original Article

Baird has been named to FORTUNE magazine's 2018 list of the 100 Best Companies to Work For, ranking No. 12.
See Original Article

The recent bond market volatility will cause mortgage rates to rise to a higher level than previously projected, according to Fannie Mae. However, the rise in long-term bond yields led Fannie Mae Chief Economist Doug Duncan to increase his forecast for rates for the 30-year mortgage. The rate is
See Original Article

Buckeye State Bank has brought aboard a mortgage company, adding $25 million in annual new loan production and new leadership. The company (OTC: BYKT) has recruited Glenn Wheeler and TJ Orr into its mortgage division. The two own Pioneer Mortgage Co. in Plain City, which will close and its
See Original Article

Equity Residential, a real estate investment trust, engages in the acquisition, development, and management of multifamily properties in the United States. Tortoise Inv Mgmt Limited Liability Co reported 150 shares or 0% of all its holdings. Victory Inc holds 7,386 shares. Moreover, Citigroup has 0.03%
See Original Article

ECB publishes Consolidated Banking Data for end-September 2017. ○ Total assets of credit institutions headquartered in the EU decreased year on year by 2.8%, from €34 trillion in September 2016 to €33 trillion in September 2017. ○ The non-performing loans (NPL) ratio of these credit institutions
See Original Article

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.38 percent this week, up from 4.32 percent last week and the highest since April 2014. The rate on 15-year, fixed-rate loans rose to 3.84 percent from 3.77 percent last week. Recent wage gains
See Original Article

Warsaw, Poland (AP) — Poland's senate leader has appealed to Poles living abroad to report to the authorities any statements deemed to hurt “Poland's good name” — part of a wider campaign by the government to defend the country against what it calls historical untruth and slander. The letter, posted
See Original Article

George Soros tops the list of great investors, and right now he's quietly building a position in one little-known dividend stock. In 1973, Soros founded the Quantum Fund. Over the next few decades, he went on to earn 30% compounded annual returns for his early backers. Thanks to that type of
See Original Article

Iredell real estate transactions: Feb. 4-10. From staff … From R. and R. and D. and D. Goodlander to AMH NC Properties L.P., 148 Flanders Dr., Mooresville, $206,000, on Feb. 7. … From BMS Investment Properties, LLC to R. and A. Kozyra, 129 Hidden Harbor Rd., Mooresville, $290,000, on Feb. 8.
See Original Article

The probe into Nirav Modi's case began after the Punjab National Bank reported to the CBI a case of fraud to the tune of Rs 280 crore on January 29 this year. The Income Tax officials conducted multiple raids on the offices of Nirav Modi two days later. The CBI searched the premises of Nirav Modi
See Original Article

Long-term US mortgage rates rise for sixth consecutive week. By the associated press. Feb 15, 2018, 10:40 AM ET. 0 Shares. Email. Star. 0 Shares. Email. Long-term U.S. mortgage rates rose for the sixth straight week to a nearly four-year high, a response to signs of rising inflation.
See Original Article

Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.38
See Original Article

In StreamLoan, borrowers have complete control over their personal data exposure, as they decide to share all or some of that data with realtors, lenders, co-borrowers, inspectors, attorneys, appraisers, accountants, title companies, notaries, or insurance agents. Now, StreamLoan is announcing a $2
See Original Article

MCLEAN, VA–(Marketwired – Feb 15, 2018) – Freddie Mac ( OTCQB : FMCC) announced today that it priced its new 2.375% three-year USD Reference Notes® security due on Feb. 16, 2021. The issue, CUSIP number 3137EAEL9, was priced at 99.736 to yield 2.467%, 7 basis points more than the yield
See Original Article