Dear Creditnet: I just pulled my credit report and found out I have a credit card for $1,000, but I never applied for this card. What should I do?
House Hunting? Don't Forget About Your CU Ratio
As rates on 30-year fixed mortgages hover around 3.5 percent and home prices in many parts of the country are starting to dramatically rise, it may finally be time to take the plunge and purchase the home you've been saving for all these years.
If you're a first-time buyer that doesn't have to sell an old house before buying the new one, then you may be really excited about finally getting into the game. Those who can quickly qualify for a good mortgage in this lending environment will most likely be patting themselves on the back five or ten years down the road.
