Rental Market Slowing Down

Rents are up, but the number of homes being rented has declined seriously from last year.  Here are the stats:

5 Tips for the Current Seller's Market

Here are 5 smart things to to in today's market!

Click here for tips!

Flipping Slowing in Almost All Markets

Flipping is best in a rising market. The 37% "profit" shown does not take into account the expenses of the Flipper.

Click Here for the Whole Story

8 Home Renovations That Will Pay You Back

While no home renovation project will give you 100% back when you sell your home, these are your very best bets for getting most of your money back!

See the renovations here

Smart People Rejected from Harvard

So what happens to all the smart guys when they are rejected by a smart school?  Do they have to dumb-down their approach to a "lesser" school?   Read about the rejects here.

Cops with Smart Technology?

Australian state police enter today's world with Samsung Galaxy Note 4

http://mashable.com/2015/02/23/police-samsung-galaxy-note-4/

Credit still not loosening up, but look at the credit scores that were turned down!

Nearly two months into the year, there is still no sign of a loosening of lender requirements. 

Examining the Ellie Mae Origination Insight Report for January 2015, we see the following:

The average FICO scores for CLOSED applications were:

• 
  overall - 731


• 
  FHA refi - 674


• 
  FHA purchase - 682


• 
  Conventional refi - 741


• 
  Conventional purchase - 752


• 
  VA refi - 715


• 
  VA purchase - 704

The average FICO scores for DENIED applications were:

• 
  overall - 681


• 
  FHA refi - 615


• 
  FHA purchase - 657


• 
  Conventional refi - 698


• 
  Conventional purchase - 721


• 
  VA refi - 670


• 
  VA purchase - 666

Clearly it remains much easier to qualify for FHA loans while conventional loans remain beyond the reach of those with average to merely good credit score.