The Equity Strategist
The Equity Strategist

Credit

Fannie Mae Gets Tough(er) On Borrowers. Again.

By • Dec 16, 2009

Fannie Mae raised the bar for mortgage applicants this past weekend.  Getting approved for a home loan just got harder. In its official announcement, Fannie Mae says the updates minimize long-term lending risks.  If that’s the case, this won’t be the last guideline change Fannie Mae makes — especially with loans defaulting at an above-normal [...]


Store Credit Cards : The Hidden Cost Of “Instant Savings”

By • Dec 4, 2009

  ‘Tis the season to do shopping — and get bombarded with offers to open credit cards. The deals are tempting, too. ”Open a charge card today” and save up to 20% on your purchase. Considering that the average Black Friday ticket was $343, that’s $68 saved per store. For big-ticket items like televisions, the savings are [...]


The Equity Strategist