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mortgage refinancing using a home equity loan News

Quest for the perfect credit score

A major league pitcher dreams of throwing a perfect game. High schoolers eyeing the Ivy League study furiously in hopes of earning 2400 on the SAT. Meanwhile, Chris Peplinski is pursuing his own brand of flawlessness: an 850 credit score.

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Part III: The Dominant Causes of the Credit Crisis

Is Savings and Investments Part of the Solution or Part of the Problem? Over the last few months there seems to be a growing awareness that the world economy has come up against an invisible wall.

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U.S. Federal Reserve Meeting Minutes for August 10 (Text)

Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on August 10.

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August Fed Minutes Show Interest In Doing More To Stimulate, Fears Of "Disinflation"

We'll publish the complete Fed minutes once they're published on the Fed site, but based on CNBC's report, it sounds like a notable number of Fed governors expressed interest in doing more to stimulate.

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Nine O'Clock

EC and IMF studies forecast a 1.5 to 2 per cent economic growth for next year, the head of the executive says.

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Fannie Mortgage-Bond Spreads Climb to Highest in Three Months

Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates reached the highest in three months relative to 10-year Treasuries as investors speculate that supply may grow as homeowner refinancing rises.

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Perfect FICO elusive as a 'unicorn'?

Landing an 850 may be a quixotic goal -- only about 0.5 percent of Americans manage it, FICO reports. "The 850 score is kind of like a unicorn," says John Ulzheimer, a credit scoring expert. "Everybody talks about it, but nobody's seen it."

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