Will You Qualify for that New Mortgage or Re-Finance?Written by TrimYourDebt.com
The Federal Reserve continues to raise short-term interest rates, but long-term mortgage rates are still at 40-year lows. This may be one of your last opportunities to lock in great interest rates below 6%. So, we put together a brief checklist for you to follow in order to make sure that process goes smoothly for you.First, it is a good idea to check your credit report to make sure there will be no surprises when your lender takes a look at it. You can get a free copy of your credit report and credit score at http://www.trimyourdebt.com/GetYourCreditScore.aspx. Remember a score above 700 usually means you will get best interest rates. Usually a rate below 680 is considered to be of higher risk and so lender requires a higher interest rate to mitigate increased risk of loss. If you find any incorrect information in your credit report, be sure to get it cleaned up before applying. Cleaning up negative items from your credit will also ensure that you get a better credit score. For information on how to get your credit cleaned up before you get that new mortgage, visit http://www.trimyourdebt.com/CreditRepairGuide.aspx. Next, list out all of debts reported on your credit report and add up all of monthly payments. Also include what your payment would be with your new mortgage. In order to estimate your monthly payment with a mortgage interest rate of 6%, you can use $6 per thousand dollars of mortgage. So for example, if you need a $150,000 mortgage, then multiply 6 times 150, which equals $900 per month. Add this payment to other monthly debts listed on your credit report and this will be your total debts.
| | High Probability Trading Strategies. Short term momentum stock trading Written by Conrad Wilson
Most stock traders know that momentum trading can be a very profitable activity. You can make big amounts of cash in a short period of time.The problem is, that if you don't know what stocks to look for and how to approach them and leave everyting to chance, you could end up wasting money instead of making your profits grow. That's why most important aspect of momentum trading is knowledge FILTER you employ to make your buy and sell decisions. There are many "fantastic" stock systems and trading strategies outhere, but you need to test them in order to discover which ones help you most. That's part of your homework as a stocktrader. Test, test and test again. Complicated online trading strategies that rely on a "boat load" of technical analysis indicators can make you slow, and being slow when trading hot momentum stocks can be as dangerous as not knowing what to do in first place.
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