Credit rating

Credit rating

Credit rating is a generic term for any system that ranks an individual's or business's ability to make debt payments as promised. In consumer credit, the most common credit rating is the FICO score, which is a numerical value lenders use to evaluate a borrower's creditworthiness.

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National Rates

Loan Type Today
30 Year Fixed   6.03
15 Year Fixed   5.69
5/1 Adjustable   5.78

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