What is a credit score and how does it affect interest rates?
What is a Credit Score? A 3-digit number used by lenders to evaluate the risk associated with lending money. Generated by a mathematical model created by Fair Isaac Corporation in the 1960s. There are 3 major credit bureaus: Equifax, Experian® and TransUnion® – 3 Scores. Scores range from 350-850 Score Talk Above 720 = Excellent … Read more
Mortgage rates continue the upward movement
Rates are slowing moving up!
