Jerry Wright's (jerrywright) Blog

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Mortgage and Lending - Absolute Mortgage

ARCHIVED BLOG POSTS

2010 

You've probably heard a lot about new rules relating to the financial cards you carry in your wallet. But, if you're like most people, you aren't exactly sure what changed, what it means to you, or what you need to do. To help you gain a clearer understanding of the new rules, the article below f...
07/29/2010
Many are taking advantage of interest rates at historic lows, either by re-structuring debt with a refinance or purchasing a new home. However, the recent economic crisis has created even tougher guidelines and credit requirements and there are some things that consumers must be aware of when app...
07/28/2010
Does the avalanche of news about layoffs, business losses and a declining stock market have you looking for ways to cut your spending so you can beef up your savings? We're here to help, with suggestions for less-expensive alternatives to ten everyday purchases (for more ideas, go to www.BillShri...
07/27/2010
 Taking the step into home ownership is one of the most important financial decisions a person will make in their lifetime. There are many factors to consider when embarking on this venture. Literally hundreds of loan programs are available, and it is important to find the one that best fits your...
07/26/2010
Credit has become a major concern for all consumers today. Linda Ferrari, National Credit Score Expert and President of Credit Resource Corporation, put together this great video to show  how to set a realistic credit score goal, how long it might take to reach a score goal, what a good score is...
07/23/2010
There's great news from Fannie Mae for home buyers who have experienced a short sale or deed in lieu of foreclosure. To help the housing market's continued stability, Fannie Mae is changing the "waiting period" (i.e. the amount of time that must elapse after the preforeclosure or short sale event...
07/22/2010
If you're not sure which tax documents to keep and which ones to drop in the shredder, you're not alone. Even the experts disagree. In fact, there are two basic schools of thought on this, and both seem to relate to the IRS' statute of limitations for auditing your tax returns. One school says k...
07/21/2010
Qualified military buyers can also utilize this tax credit along with other available benefits from the Department of Veterans Affairs (VA), making this dollar-for-dollar tax credit extremely financially attractive with today's lower home prices and lower interest rates. That's because the VA all...
07/20/2010
Statistics suggest that the Internet is the first destination and source of information for potential home buyers. In fact, nearly 80% of potential buyers reportedly begin their home buying process online. And why not? The Internet has a wealth of information and resources that can aid in the beg...
07/19/2010
You've probably heard of social networking sites like MySpace and Facebook, but have you heard of social lending sites? Over the past few years, several websites have sprung up that combine features of the omnipresent social networking sites, and commerce sites like eBay®. These sites allow indiv...
07/15/2010
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Jerry Wright

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