Important Tips from the Mortgage World this week.

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Important Tips from the Mortgage World this week.

1

 The Equifax data breach has affected at least 143M customers and has the potential to be the largest cybercrime in history.

2 Here are two good websites to visit for more information: www.equifaxsecurity2017.com/consumer-notice 
https://www.consumer.ftc.gov/blog/2017/09/free-credit-freezes-equifax
3 A good action point is to put a security freeze on your credit at each of the three credit bureaus: Equifax, TransUnion, and Experian. Visit the website of each bureau to register. Equifax has waived the fee and the other two charge $3.
4 September’s Consumer Price Index (CPI) surged to its largest monthly increase since June 2009 but this was mostly due to hurricane-related higher gas prices.
5 Retail sales posted better than expected results in September, rising 1.6% from August. Car sales, in particular, were strong as people replaced vehicles lost in the hurricanes.
6 Excellent news to report as the number of US homes with foreclosure filings fell to an 11-year low in the third quarter of 2017.

Source: mbsquoteline
October 16, 2017

 

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