Sentences with phrase «rating than a foreclosure»

On the upside, a short sale is far less destructive to your credit rating than a foreclosure, as it is supposed to be listed as a «settled debt» on your credit report.

Not exact matches

In 2012, the city filed for bankruptcy and had the nation's highest foreclosure rate at more than four times the US average, according to RealtyTrac.

With that in mind, the site compared more than 180 U.S. cities across 29 key metrics including unemployment, poverty, foreclosure rates, income volatility and savings habits to see where people are in the best and worst financial shape.

Arizona, California, Florida and Nevada all show markedly higher delinquency and foreclosure rates than average;

An Ernst & Young study of 430 loan transactions by 15 community - development financial institutions (CDFIs) involving 336 charter schools found a foreclosure rate of 1 percent, lower than the corporate sector debt - default rate of about 3 percent.

In fact, the foreclosure start rate for FHA loans is LOWER than for loans in general.

The foreclosure rates on manufactured homes are typically much higher than those on traditional houses.

In other words, FHA loans have a higher delinquency rate but a lower foreclosure rate than mortgages generally.

Increasing foreclosure rates have decimated the FHA reserve fund to.53 %, about three quarters less than the mandatory minimum.

Even with high foreclosure rates over the last several years, more than $ 1 trillion of consumer debt — 9 percent — is still delinquent.

However, while home values dropped more than 7 % in Maryland, Massachusetts and New Jersey — states where mortgage debt is the highest — foreclosure rates stayed low.

With so many people facing foreclosures due to loss of employment and skyrocketing interest rates, it is more important than ever to make sure you are properly prepared.

Foreclosures can be a great investment opportunity because distressed properties often go for significantly less than comparable market rates.

«The increase in prime ARMs foreclosure starts was greater than the combined increase in fixed - rate and ARM subprime loans.

The student loan rating isn't any different than the housing bubble that burst and caused all the reforms on housing and foreclosure.

We are also considering taking out a higher loan than we need against the house due to lower interest rate and pay that towards the student loan, especially since we bought a foreclosure and have been paying it down faster than min payments and therefore owe quite less than what it is worth.

In fact, Massachusetts foreclosure rates are lower than average.

Current US annual foreclosure rates are already to 3.3 % or more than 6 times as bad, and we almost certainly haven't seen the worst yet.

Every day may indeed be Middle of Georgia Armed Forces Appreciation Day, but if you are struggling to make ends meet and avoid foreclosure on your home, if your startup entrepreneurial business is not bringing in money, or if your auto rates got jacked up after you got caught speeding near the base, you need more than optimism.

Top 10 metro foreclosure rates Las Vegas continued to post the nation's highest metro foreclosure rate in the first half of the year, with 6.60 % of its housing units (one in 15) receiving a foreclosure filing — more than five times the national average.

While more than half (51 %) say foreclosures are a problem in their area, the rate of foreclosures is also seen as stabilizing; 51 % say the rate is about the same as last year.

High foreclosure mortgages help explain why the black homeownership rate isn't any higher today than it was 50 years ago when the 1968 Fair Housing Act was passed.

Projections for 2014 are that there will be very few foreclosures and fewer short sales home as values continue to increase, though at a much slower rate than early in 2013.

To boot the actual foreclosure start rate is lower than at any time since Q2 2006!

Borrowing money at a rate higher than the CAP rate is a foreclosure waiting to happen.

Now I was hoping for a foreclosure of this lien, in which case I'd potentially earn times more than the silly interest rate.

Georgia's foreclosure rate leapfrogged the foreclosure rates in Arizona, Florida, California and Nevada, all of which posted higher foreclosure rates than Georgia in the previous month.

The state's 0.04 percent foreclosure rate is also less than most states.

The researchers, who examined hospital - visit numbers and foreclosure rates for ZIP codes across the country, found that areas in the top fifth of foreclosure activity had more than double the number of hospital visits for preventable conditions — which generally don't require hospitalization — than the areas in the bottom fifth of foreclosure activity.

The worry is that high foreclosure rates and a still struggling economy will make investors demand a bigger spread than «normal», since mortgages carry far greater risk in the current market.

«This is because renter households are growing at a much faster rate than owner households, reflecting growing confidence of those who were most likely impacted by the foreclosure crisis.»

Ryan mentions that Facebook founder Mark Zuckerberg may have purchased a home in California; Ryan reviews the economic events of the prior week; Ryan notes that interest rate are still heading down; Ryan notes that the DC real estate market is competitive on the buy and rent sides and that would be renters in the DC area are turning into would be buyers; Louis notes that the DC housing dynamic is different from the rest of the country where housing prices are down and there is plenty of inventory; Louis notes that if it is cheaper to buy than rent that it makes sense to get a long term low interest rate loan; Louis talks about the benefits of visiting HomeGain.com; Louis discusses the HomeGain FSBO vs. Realtor survey and the advantages of hiring a REALTOR; Louis and Ryan discuss the HomeGain home improvement survey and recount the types of home improvements that provide the best return on investment; Ryan and Louis talk about pricing strategies for selling a home; Louis and Ryan discuss the differences between pricing a short sale and pricing a non short sale home; Louis notes pricing a home too high may keep the home on the market a long time and that the more days a home is on the market makes a home look like damaged good; Ryan describes short sales as foreclosure avoidance and discusses the impact of each on FICO scores; Ryan talks about the options that people with underwater mortgages have; Louis mentions that 72 % of home buyers and sellers pick the first real estate agent they meet and points out the value in comparing agents first using HomeGain's Find a REALTOR program; Louis can Ryan discuss the level of shadow inventory the impact on sellers as more inventory gets released;