Posts with tag credit ratings

Recent news that more than 25 percent of Americans have credit scores below 600 sends up yet another flare in the real estate world. Securing a mortgage these days isn't easy. Even if you've managed to save for a 20 percent down payment, it won't do you any good if you can't borrow the rest of the money to purchase your... Continue Reading »

Stricter lending rules have helped curb the number of mortgage delinquencies. Agencies from the FHA to Fannie Mae and Freddie Mac are reporting a decreasing number of people who are behind on mortgage payments. But while it seems that mortgage delinquencies have peaked, the number of people still behind on mortgage... Continue Reading »