Comments on: Mortgage Rates depend on Credit Score

By: fchamberlin

fchamberlin — Tue, 07 Jul 2009 22:53:06 +0000

Thanks Jodi, I appreciate the comment. Your post on Divorce and Bankruptcy is also something people need to pay attention to.

By: Jodi Smith

Jodi Smith — Tue, 07 Jul 2009 21:05:22 +0000

Fred, once again you’ve provided some very useful information that I can now pass along to my clients. I found it interesting that you said it’s best to have 3 accounts with only 25% of the credit, it’s better than having one at 75% of the credit. I had forgotten about that…Good Stuff!
.-= Jodi Smith´s last blog ..Pending Divorce Could Alter Bankruptcy =-.

By: Mortgage Rates depend on Credit Score

Mortgage Rates depend on Credit Score — Tue, 07 Jul 2009 20:20:09 +0000

[...] News Sources wrote an interesting post today onHere’s a quick excerptJust because you pay your debts on time, doesn’t necessarily mean that you will get the best mortgage rate. Credit scores are not just determined on how well you pay your debts, but many other factors and the higher the credit score, the better the rate can be. So, today, I want to examine some of the things other than payment history that affect credit scores: Balance to high credit on revolving accounts. This is often overlooked when considering what helps or hurts a credit score. Most p [...]