Lending Tips

Can Your Facebook Friends Really Influence Your Credit Score?

After reading news headlines from CNN to Mint.com suggesting that it’s just a matter of time before credit reporting bureaus begin using my social media footprint and friendships to rate my credit, I felt sad that I was going to have to drop all the old friends I reconnected with on Facebook after my high school’s 30th reunion.

8 Places to Go When Your Mortgage Lender Says No

Friday Five: Is it Time to Refinance?

Now might be the best time for home owners who have been putting off refinancing. After a slight increase, mortgage rates slipped back below 4% this week, but it’s unlikely that they will remain near historic lows. Home owners with FHA loans could also benefit from reduced mortgage insurance costs because of efforts to streamline the process. Read what else to expect during the spring housing season in this week’s Friday Five.