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Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]

Friday, September 18, 2015   /   by Matthew Freda

Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]

Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]

Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC] | Simplifying The Market

 

Some Highlights:

  • The average 30-year rate for all loans closed in August eclipsed 4.3% for the first time since October 2014.
  • The average FICO score for all closed loans in August reached a new yearly low at 724 (the lowest since February 2014!)
  • The average down payment of FHA loans closed was just 4%!

Matthew
Freda
 
 
Freda Realty, Inc.
Longwood, FL
(407) 513-4724
Freda Realty...Experience the Difference!
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eXp Realty, LLC
Matthew Freda
651 W Warren Ave
Longwood, FL
407-513-4724

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