Mortgage underwriting is often an automated process — software decides whether you are approved, rejected or asked for additional information. Credit score is the most important factor in determining ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.
HELOC applications require a hard credit pull, which temporarily lowers your credit score. Closing a HELOC and carrying a big ...
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Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...