Home Mortgages / Credit

Average U.S. rate on a 30-year mortgage falls for sixth-straight week

The average rate on a 30-year mortgage in the U.S. eased for the sixth week in a row, a welcome boost in purchasing power for home shoppers just as the annual spring homebuying season gets going. The average rate fell 6.76% from 6.85% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.94%. Full article here: Average U.S. rate on a 30-year mortgage falls for...

Keep watchful eye on your credit score

Do you know the difference between 550 and 780? Yes, they’re 230 digits apart, but they’re also examples of bad and good credit scores, respectively. If you don’t check yours regularly, now’s the time to start. Small mistakes are a lot more common than you think, and they can do some serious damage to your credit score. Full article here: Keep watchful eye on your credit score (512)...

How Mortgage Rates Affect Your Monthly Payment

Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn’t try to time the market. Instead, it’s better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little bit, your monthly payment on your next home will too. Want to see what this looks like at a different price point? Let’s...

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