Last week, I argued that the super low mortgage rates could actually be contributing to strategic defaults.

The general idea being the low rates today make it even less desirable to hold a “high-rate” mortgage from the past.

The only positive from this assumption is that homeowners in this position may buy a new home and bail on the old one.

That’s a positive for them, minus the credit score hit, but a negative for the housing market and mortgage lenders .

And now it has occurred to me that the promise of low mortgage rates for the foreseeable future may have the unintended consequence of hurting home sales, at least in the near term.

You see, a new poll from mortgage financier Fannie Mae revealed that just 33 percent of consumers expect mortgage rates to rise in the next 12 months.

That figure is down from 45 percent a month ago, and is the lowest number Fannie has recorded since their monthly tracking began.

At first glance, it sounds like great news. Mortg

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Do you have a question about consumer credit? You may find an immediate answer by using the search engine. If you can’t find what you’re looking for, please fill out the form, being as specific as possible.

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I moved to the U.S. two years ago and have since applied three times for a department store card. Requests got denied because I apparently didn’t have a credit score. I also applied for a secured credit card which got approved, and I am slowly starting to build my credit score. Unfortunately, I already have four hard requests.

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There are a lot of worthy causes in the world that people can devote themselves to. The cause that people may have is to provide a cure for some sort of terminal illness or to eliminate to a certain degree the prevalence of hunger in the world. These are noble goals to have especially for the purposes of eliminating human tragedy but there are certainly other ways to go about helping people and when it comes to their credit there are people that can really use some professional help.

The thing is though is that this type of help is usually only doled out by financial professionals and are more likely than not also accompanied by a significant fee.

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The latest Royal Institution of Chartered Surveyors survey finds more properties coming onto the market but “unrealistic prices” holding back sales.

Property sales only dipped slightly in December, according to the latest UK Housing Market survey by the Royal Institution of Chartered Surveyors (RICS). But the outlook for the first three months of this year is not so promising, with “unrealistic price expectations” being blamed for a potential slump in sales.

Surveyors reported that house prices are continuing to fall, albeit at their slowest level since June 2010. Lon

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A Homeowner’s Association, or HOA, collects fees from homeowners within a community to maintain common areas, such as parks and swimming pools. In some states, the HOA has the right to foreclose on a property if HOA fees are not paid. If you’re facing a foreclosure by a HOA, it will affect your credit report.

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