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Originally Posted by The_Tick
I just opened 2 new ones. Last 2 for me though. I plan on buying a new house next year and a few cars. Need the good score!
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Opening new ones won't hurt you as long as you close the old ones. My understanding is that it is the total amount of credit that you have available to you that affects your score. IOW, if you have 5 cards with $50,000 limits then they know that you have the potential for $250,000 of debt in a hurry. That's what makes them nervous.
As long as you've whittled down to just 2 or 3 cards prior to your loan application you should be fine. You can also request that your credit limits be lowered on those cards prior to applying if you think your score needs to go up. Since you said you are in the mid 700's, you really have nothing to worry about anyway.