We hear the word “credit” used all the time. Credit scores. Credit report. Good credit. Bad credit. Credit history. Credit card. All those credit bureaus. Credit line. And of course credit rating. But what do all those credit terms really mean? You are more likely to be judged worthy of taking on a loan or […]
How Much Should Mortgage Rates Affect Buying a Home?
A friend called to ask how much mortgage rates affect the decision to buy a home. His son Joe wants to buy a house but he’s worried about the ups and downs of mortgage rates. Currently up, but not all that long ago way down. Decisions like this don’t have one clear answer. Low rates […]