November 2018

New credit score to help some buyers qualify for a mortgage

  Experian, FICO and Finicity announced a new credit score Monday during the Money 20/20 USA conference in Las Vegas. The new score, called UltraFICO Score, from Experian and Finicity improves access to credit by including consumer-contributed data – such as checking, savings and money market account data – that reflects consumers' financial management responsibilities. Under the...

Mortgage rates hit seven-year high, close in on 5%

  This week's Primary Mortgage Market Survey from Freddie Mac found that mortgage rates rose significantly across the board. "The economy continued to show resilience as strong business activity and growth in employment drove the 30-year fixed mortgage rate to a seven year high of 4.94 percent – up 11 basis points from last week," says Sam Khater, Freddie Mac's chief economist. Khater...

Disney names its ‘Star Wars’ rides, announces Epcot shows

  Disney has unveiled more details and named names for its Star Wars: Galaxy’s Edge land that’s under construction at Disney’s Hollywood Studios. The two major rides of the area will be called Millennium Falcon: Smugglers Run and Star Wars: Rise of the Resistance. The announcements were part of a slew of updates given by Bob Chapek, Disney’s chairman of...

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