What’s the difference between a credit report and a credit score? Does a credit report include my FICO® Score?Your credit report doesn’t contain any scores. Credit reports and scores are very different kinds of information. Your credit report contains information about your credit history gather
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07/29/2011
As the economy struggles to rebound, a new analysis of Census data shows a widening wealth gap among white, black and Hispanic Americans. Gwen Ifill discusses the results of a new study with the Pew Research Center’s Paul Taylor and Howard University’s Roderick Harrison. Household Net Worth of wh
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07/27/2011
S&P/CaseShiller home price index for the month of May comes in at 139.87, vs. the economist estimate of 139.80 and compared to a revised reading of 138.46 for the month of April. The index fell 0.05% on a month-over-month basis and 4.51% from the same month last year.
07/26/2011
The Residential BuildFax Remodeling Index rose 22% year-over-year–and for the nineteenth straight month–in May to 124.3, the highest number in the index to date Residential remodels in May were up month-over-month 14.6 points (13%) from the April value of 109.7, and up year-over-year 22.1 points
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07/25/2011
The Housing Market and the U.S. Economy appear to be mutually restraining the recovery and growth of the other as "Excess Supply" of housing from Bank-owned and foreclosure inventory is being "slowly absorbed". This acts as a drag on the broader U.S. economy which results in restrained hiring by
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07/22/2011
30-year fixed-rate mortgage (FRM) averaged 4.52 percent with an average 0.7 point for the week ending July 21, 2011, up from last week when it averaged 4.51 percent 15-year FRM this week averaged 3.66 percent with an average 0.7 point, up from last week when it averaged 3.65 percent 5-year Treas
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07/21/2011
Home sales fell 0.8% in June to a seasonally adjusted annual rate of 4.77 million homes Economists say that 6 million homes per year represent a healthy housing market The sales pace is behind last year's 4.91 million homes sold - the weakest sales in 13 years Sales have fallen in four of the pa
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07/20/2011
Home prices will continue to be weak and move lower in many areas of the U.S. while "long-term" unemployment levels remain at multi-decade highs. The lower chart shows that nearly half of the total unemployed are "long-term" unemployed. This will have the effect of hurting consumer confidence whi
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07/18/2011
30-year fixed-rate mortgage (FRM) averaged 4.51 percent with an average 0.7 point for the week ending July 14, 2011, down from last week when it averaged 4.60 percent. Last year at this time, the 30-year FRM averaged 4.57 percent. 15-year FRM this week averaged 3.65 percent with an average 0.6
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07/15/2011
America's housing bust-the crash that began the global financial crisis-might be nearing an end In a few countries, like China, Britain and France, values look dangerously frothy Since 1987, home prices in Britain are up 400%, twice that of homes in America (post bubble) Because buying a house u
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07/14/2011
