Is it easier today for home buyers with a high debt ratio and subpar credit scores to qualify for a mortgage than it has been in years? And if so, what might that mean for first-time and repeat buyers who are struggling with credit and debt issues but still hope to buy a home?
Similar Posts
Experian study finds most millennials need to improve borrowing behaviors before homebuying
Experian®, the world’s leading information services company, released a study today that highlights the borrowing…
Commentary: Revisiting Small Loans Rules Crucial to Maintaining Access to Credit for Vulnerable Consumers
In considering reforms to the small-dollar loan industry, lawmakers must tread carefully to avoid limiting…
Most Consumers Overestimate What It Takes to Get a Mortgage
A recent Fannie Mae survey finds most consumers believe that obtaining a mortgage requires a…
Auto Loans Shrink For Borrowers With The Worst Credit
Auto lenders have pulled back on loans to customers with the riskiest credit and as…
Mortgage Rates Rising at a Pace Not Seen in Almost 50 years
Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages was 4.66 percent, up…
More Than 1 in 3 Americans Don’t Realize How They’re Affected by Bad Credit
A consumer poll by U.S. News & World Report found that 34 percent of Americans…