New FICO Score Suite to Launch This Summer
FICO is releasing a new version of their FICO score this summer, called the FICO Score Nine. This new product is expected to address the concerns that lenders have regarding score variations that occur across the three credit bureaus. According to FICO, 90 percent of US lenders use the FICO Score when making credit decisions […]
How to Improve Your Chances of Getting a Refinance
Now that interest rates are at their historical lows, many homeowners are exploring the possibility of getting a refinance. By refinancing your existing mortgage, you can enjoy today’s low interest rates. It is true that current mortgage rates are pretty low; still getting a refinance is tougher than you think. Thanks to the refinance boom, […]
Easy Refinancing Steps | You should follow them
Refinancing can seem like a daunting process, especially if you’re not sure you sure do it in the first place! Under the right conditions, refinancing your home mortgage can be a great financial move depending on your goals. Not only can you get a lower interest rate, you can switch from a 30-year mortgage to […]
