August 27th, 2010
Friday Scoop on Credit Karma & Housing Market News
“Americans’ long infatuation with owning a home, which even the economic collapse of 2008 could not kill, shuddered and stalled last month,” reports The New York Times. The housing market continues to sputter as sales plummeted 25.5% below the level a year ago, even though mortgage rates are at the lowest numbers ever and houses are more affordable as prices drop in many areas.
In addition, the number of people falling behind on their mortgages is on the rise, reports CNN Money. This new nightmare on the housing front– increased default on mortgages– is blamed on the struggling job market because unemployment causes people to default on their mortgages. It’s a grim outlook, but recovery in the housing market rides on recovery in the job market.
For more upbeat tips and news updates on the housing market, check out the following roundup to send you with good vibes into your weekend!
August 26th, 2010
Perfect Credit = Almost Impossible?
Achieving an 850 credit score is a kind of unicorn in the financial world—something everyone talks about but no one has seen.
Let’s break down a few myths to shed light on the perfect credit puzzle.
August 24th, 2010
This Week’s Top Credit Questions – Confused About Credit
Sometimes there are disagreements amongst Credit Karma consumers about how to handle certain situations—to close or not to close a credit card, to pay off this or that, and more. One thing is for sure—we’re proud Credit Karma consumers have something to say about it.
August 20th, 2010
Friday Scoop on Credit Karma & Housing Market News
Mortgage rates hit spectacular lows of 4.44%, yet heavily indebted homeowners still can’t take advantage of them... Meanwhile, the most expensive real estate in the world, a palatial London penthouse, just sold for $220 million to a mystery buyer. At least the housing market is working out for some of us.
August 18th, 2010
8 Reasons to Never Ignore Your Credit Scores
We here at Credit Karma think credit scores are a pretty big deal. So when MSN Money posted “8 Reasons To Ignore Your Credit Scores,” we wanted to take a stand for credit. Here’s our thoughts on why, no matter what, it’s crucial to keep an eye on your credit score.
August 13th, 2010
Friday Scoop on Credit Karma & Housing Market News
Today is Friday the 13th, but banks are probably fretting more over Sunday, August 15. That’s when the new Federal Reserve rules on overdraft protection kick in and threaten the hundreds of millions of dollars banks earn from overdraft charges.
August 11th, 2010
Beyond Your Credit Score: What Three Digits Says About You
Whether you’re flying high with a credit score in the 800s or laying low in the 600s, you aren’t alone.
Credit Karma compared the credit profiles of over 200,000 consumers with similar credit scores and found that the average Joe and Jane in the same credit score range share more than just three digits in common.
August 6th, 2010
Friday Scoop on Credit Karma & Housing Market News
July 30th, 2010
Friday Scoop on Credit Karma & Housing Market News
New home sales rate increased unexpectedly, meanwhile a housing shortage is on the horizon.
The housing market certainly is moody these days.
July 28th, 2010
Work With Credit Karma in Sometimes-Sunny San Francisco!
That’s right, Credit Karma is hiring! Rain or shine and foggy or clear, Credit Karma’s San Francisco-based office is constantly moving and shaking to keep up with bringing almost 2 million consumers their free credit scores, helpful credit resources, and personal savings offers.
The question is… are you ready to be part of the action?
