Fed Rate Cut Not Expected to Move Mortgage, Deposit Rates
Interest rates on residential mortgages and consumer banking accounts will likely see little movement in response to the Federal Reserve’s decision Wednesday to cut its benchmark interest rate by 25 basis points. The cuts are intended to counter the impact of...The Millennials’ Struggle for Good Credit
Millennials are finally buying homes and applying for mortgages, with 23 percent of all newly originated mortgage dollars attributed to that generation. But millions more could be locked out of the market due to their credit scores. A recent study found that though...‘Score Planner’ Tool Offers Customized Path to Better Credit
If you’re seriously thinking about buying a home in the months ahead, you almost certainly know how important your FICO credit score will be in getting a mortgage. And you probably know the score range you’ll need for the type of loan you want – somewhere in the...This Week’s Paper: Digital Edition
