With mortgage rates at an all-time low, now may be a great time for a mortgage refinance. By refinancing your home, you might find a better interest rate or get out of an upwardly adjustable rate loan. And mortgage rates may stay low, because the Federal government wants to keep money flowing to try to stimulate the economy. How long is, of course, not guaranteed.
Tags: How do I refinance, what is exactly is a mortgage refinance
A credit score is one of the pieces of information that your mortgage lender will use to evaluate your application. Financial institutions have been using credit scores to evaluate credit card and auto loan applications for many years.
Tags: what is a credit score, how do I calculate my credit score
