buy home in maryland: What FICO® Score Do You Need to Qualify for a Mortgage?
- 10/10/19 01:03 PM
What FICO® Score Do You Need to Qualify for a Mortgage?
While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can to become a homeowner sooner than you may think.
With today’s low interest rates, many believe now is a great time to buy – and rightfully so! Fannie Mae recently noted that 58% of Americans surveyed say it is a good time to buy. Similarly, the Q3 2019 … (1 comments)
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buy home in maryland: 4 Reasons To Buy A Home This Fall in Montgomery County, Maryland
- 11/24/17 05:37 AM
4 Reasons To Buy A Home This Fall
in Montgomery County, Maryland!
Here are four great reasons to consider buying a home today instead of waiting.
1) Prices Will Continue to Rise
CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year.
The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
2) Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that … (4 comments)
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What FICO® Score Do You Need to Qualify for a Mortgage?
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