It was just announced that coming this summer, FICO will be changing the formula for how credit scores are calculated. With about 90 percent
Just before the end of November, the Federal Housing Finance Agency (FHFA) announced new maximums for 2020 conforming loan limits on mortgages
Buyers aren't the only ones who can benefit from low mortgage rates. Homeowners can also take advantage. Whether 'to refinance or not?' is a common question when mortgage rates are low.
Interest rates continue to drop, mortgages are holding a historical low, wage growth is slowly increasing while unemployment percentages remain low, consumerism is healthy and the economy is at a [...]
At the end of July, Chairman Jerome Powell announced a cut in interest rates for the first time in over a decade. The Federal Reserve made a cut of 0.25 percent or 25 basis points – the first [...]
New reporting found that 1 in 3 people who plan on purchasing a home in the next three years think the outdated requirement of needing 20% down to purchase a home is still true. This [...]
The average credit score of American’s is now 700, this is the highest level since the Great Recession. That means if your score is above 700, you are doing better than 50% of the population. [...]