September 26th, 2013 by Peter Kedzior
For the week ended 20 September, the number of people claiming unemployment benefits fell to 305,000, down from 309,000 the week before. Most experts predicted the number of layoffs go to back to at least 320,000 a week – to better reflect a difficult job market of the last two quarters. If the number of […]
September 15th, 2013 by Peter Kedzior
Your FICO score is a numerical measure of your creditworthiness that ranges from 300 to 850. According to Rex Johnson, founder of credit union consulting firm Lending Solutions Consulting, a home foreclosure might dock about 200 points off your score while a short sale could cost you around 80 to 90 points. Declaring bankruptcy could […]
September 12th, 2013 by Peter Kedzior
Foreclosure crisis is drawing to an end. According to RealtyTrac, new foreclosures are down 34% from a year ago – the lowest level in 8 years.