New Home Sales Up in April; Average Price $282,600
A bit more encouraging news for the overall housing market arrived today with data for April showing a higher than projected jump in new home sales.
Sales of new single-family houses in April 2012 were at a seasonally ...
HARP 2.0 Drives Mortgage Refinancing to 3-Month High
A wave of refinancing borrowers seeking record low interest rates helped lift mortgage applications 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association for the week ending ...
Credit Card Nation: 40% of Households Get By on Plastic
More than a third of U.S. households relied on credit cards to pay for living expenses, such as rent or mortgage bills, groceries, utilities or insurance, in the past year, according to a new survey on the third ...
CableWiFi: Sharing Plan Unites 5 Providers, 50K Hotspots
“CableWiFi” sounds generic, but it actually refers to a precedent-setting cooperative, with five of the biggest U.S. cable companies providing wireless Internet access to their combined customer bases.
Comcast, ...
American Express: Don’t Leave FarmVille Without It
American Express has forged some unique partnerships, especially within its extensive foray into social media.
The latest venture marries the venerable charge card and the Serve digital wallet with FarmVille, the ...
Harvard Grad Erases $90K in Student Loan Debt in 7 Months
Harvard graduate Joe Mihalic paid off his $90,000 student loan debt in a remarkable seven months, becoming a blog celebrity after his story hit most major media outlets.
His blog, nomoreharvarddebt.com, has gone ...
Median Home Resale Price Up 10% Over Year Ago: Realtors
Existing home sales rose more than forecast in April as the median resale price for all housing types jumped 10.1 percent to $177,400 compared to a year ago, according to the National Association of Realtors.
Home ...
IRS Eases ‘Fresh Start’ Terms for Distressed Taxpayers
The Internal Revenue Service has expanded its “Fresh Start” campaign by easing terms to its Offer in Compromise (OIC) program, enabling the most financially strapped taxpayers to clear up their tax bills ...
Consumer Reports: Fuel Economy Trumps Safety in New Car Shopping
More than a third of Americans surveyed said fuel economy is the primary factor in shopping for their next vehicle, even trumping quality (17 percent) and safety (16 percent), according to Consumer Reports.
Nearly ...
FICO 8 vs. FICO: Deciphering Shift in Credit Scoring
New light was shed recently on the credit scoring standard known as FICO, or FICO 8, to use the upgraded methodology’s proper name.
Most credit consumers aren’t even aware that there was a shift in the most ...




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