Equal Credit Opportunity Act
Equal Credit Opportunity Act
Equal Credit Opportunity Act is a federal regulation that forbids discrimination on the basis of certain factors in credit transactions. Lenders may not use race, color, religion, age, marital status, etc. to qualify an applicant for debt. The only factors which can be used are related to the applicant's financial condition, such as income, credit history, and debt leverage.
Find Mortgage Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
5.03 |
| 15 yr fixed |
4.58 |
| 5/1 ARM | 3.99 |
Rates may contain points
