Facebook is in the news again these days, with its founder, Mark Zuckerberg, testifying in Congress. We always knew that Facebook was in the business of collecting (and then selling) our data, but we had no idea how mind-bogglingly intrusive their focus was, as they can access and record just about every ...Continue Reading →
With a population of just over 1,000,000, San Jose is no second city to nearby San Francisco anymore, and its economic foundation is also one of the strongest in the entire nation.
In fact, San Jose’s real estate market has been one of the hottest in the U.S. over the past couple years, ...Continue Reading →
Turn on the TV news, read the headlines or social media, or even pick up your daily newspaper and you’ll probably encounter a lot of talk about the economy. In fact, I wouldn’t be surprised if you read about financial statistics like our U.S national debt, unemployment rates, and even homeownership rates. But ...Continue Reading →
We regularly hear about financial statistics like national debt, unemployment rates, and even homeownership levels in the U.S. Whether it’s on the TV news, in the newspaper, or via news reports online, it seems like we can’t escape data about our economy – and the individual consumers in it. However, there is one ...Continue Reading →
A brawl has erupted, and everyone’s circling around to watch. But instead of being schoolyard fisticuffs, this imbroglio is over which credit score lenders will use for home loans.
For as long as we can remember, lenders used FICO scores to decide whether a borrower qualified for a mortgage loan, which was then sold to the credit giants Fannie Mae or Freddie Mac.
But ...Continue Reading →
Right now, there are about 315,000 licensed mortgage professionals in the U.S., as well as countless more lenders working for banks, credit unions, and other financial institutions.
And while there were about 5.5 million purchase loans and over $2 trillion in mortgage originations this year, banks are looking to take on a bigger ...Continue Reading →
When it comes to credit score, debt, and personal finance, 2017 was one of the most tumultuous and polarizing years on record. We saw the stock market surge, the real estate market come roaring back to pre-2007 levels, and the nation’s average credit score reach 700 for the first time ever.
But we also experienced surging credit card and debt levels, the Equifax hack and other mass data thefts that compromised the records of almost 200 million Americans, and skyrocketing rents ...Continue Reading →
How would you like to make an extra $500 a month? How about $1,000 or more? It’s entirely possible to earn extra cash every month, working flexible hours virtually, out of your home, or even car, all while maintaining your regular job.
An extra $6,000 or $1,000 per year can make a huge ...Continue Reading →
If you’re a real estate agent, loan officer, or work in sales in any capacity, then prospecting is a way of life. Cold calling, door knocking, social media posts, email newsletters, mailing postcards, prospecting phone calls, and even open houses are the tools of the trade. In fact, you probably spend the lion’s ...Continue Reading →
Conventional wisdom states that the winter is the worst time to buy or sell a house. After all, no one wants to go out looking for homes or move when it’s cold, dark, and rainy, fewer homes are for sale, and people don’t want to unsettle their family during the holidays, right?
Not at all. In fact, the winter months are some of ...Continue Reading →