With an increase of strength in the housing market, the concern of an economic slowdown seems unlikely. Recent housing reports showing that with lower mortgage rates, there is an evening out of buyer demand in the fall months.
First time home buyers, we understand that buying a home can be a scary thing. That’s why we want to give you a list of things that help show you that you’re ready to take that step to buying your first home.
Recent research posted by LendingTree shows that after a year of foreclosure, 7% of the ex-owners have credit scores over 680, and 2% are above 740.
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