Thursday, February 19, 2009

More on those mortgage interest rates

On a related note to Tuesday's posting, today's mortgage interest rates are tied more than ever to your credit score. In contrast to a few years ago, now only those with the top credit scores will get the very lowest rates. If you are considering buying or refinancing in the next few months, check with a mortgage broker. Increasing your credit score, even a few points means saving money EACH month. For those with less than perfect credit, there are a number of actions you can take to increase your credit score in a relatively short time.

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