• Is Affordability Starting To Improve?,David Johnson

    Is Affordability Starting To Improve?

    1. Mortgage Rates Mortgage rates have been volatile this year, bouncing around from the mid-6% to low 7% range. But there's some good news. Data from Freddie Mac shows rates have been trending down overall since May (see graph below): Mortgage rates have improved lately in part because of recent eco

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  • What Credit Score Do You Really Need To Buy a House?,David Johnson

    What Credit Score Do You Really Need To Buy a House?

    When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. As the Mortgage Report says: "Good credit sco

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  • Mortgage Rates Down a Full Percent from Recent High,David Johnson

    Mortgage Rates Down a Full Percent from Recent High

    Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indicati

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