Bad Credit Articles
7 Books for Homebuyers and Borrowers
Books are always a popular item at Christmas. Since we’re all about mortgages and personal finance here, we thought we’d put together a list of some of the more popular mortgage-related books for consumers this year. |
5 Ways to Quickly Boost Your Credit
Building good credit is a slow process and recovering from bad credit takes time. However, there are certain situations where you can do things that will boost your credit score fairly quickly. |
Getting a Mortgage Loan When Your Partner Has Bad Credit
Most couples apply for mortgage loans jointly. But what happens when one of them has bad credit? |
Using a Co-Signer on a Mortgage
In today’s tight credit market, many borrowers are wondering if a co-signer might help them qualify for a mortgage loan. They can, but it’s not a guarantee of success. |
Land Contract Can Bypass Appraisal, Credit Problems
If you’re having trouble buying or selling a home due to appraisal issues or other lender problems, you might consider a land contract. |
3 Consequences of Walking Away From Your Mortgage
|
Your Credit Score Can Make Or Break Your Mortgage
Fix your credit report before you apply for a mortgage and you could literally save more than $100,000 over the course of your loan. |
Minneapolis, Midwest Have Best Credit Scores
If you’re looking for a mortgage or other type of loan, it might not hurt to be from Minneapolis, at least on average. |
New Bill Could Make FHA Loans Less Appealing
New legislation intended to shore up FHA finances could end up making the agency’s home mortgages a lot less attractive to the people they’re supposed to help. |
Benefits and Risks of a Land Contract
A land contract can be an appealing option for a potential homebuyer who might have difficulty qualifying for a mortgage loan. But there are potential risks to be wary of as well. |
National Rates
| Loan Type | Today | +/- |
|---|---|---|
| 30 yr fixed | 3.80 |
|
| 15 yr fixed | 3.10 |
|
| 5/1 ARM | 2.73 |
|
Rates may contain points
