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| Home > Mortgage Buying Guide > Finding the Best Mortgage > Mortgage Rate News |
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September 2, 2010
Mortgage Rate News
Stay on top of the trends and changes in the mortgage rate market. View current mortgage conditions, predictions and analysis and current home buyer tax incentives and programs. |
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| 10 Savvy Homebuying Tips for 2010 |
An insightful look at 10 tips for homebuyers in today's housing market. Learn how lender rules have become stricter and with that home buyers must be more crafty. See when you should consider an adjustable-rate mortgage, what will happen to interest rates when the Federal Reserve stops buying mortgage-backed securities and how high credit scores are back in fashion. Learn to compare loan scenarios, refinance for the remaining term, know what you can afford, and more.
From the resource about knowing your credit: "As the mortgage world goes back to basics, good deals require high credit scores. Until recently, it took a credit score of 720 or higher to get the best combination of fees and points. Now the best homebuying deals go to borrowers with credit scores of 740 or higher." |
| Source: Bankrate.com |
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