Some industry experts have already stressed to consumers what needs to be done to make the situation better. "Your credit score can affect where you work, what car you can drive, how much you pay for insurance and where you live," Chandra Hall, a Realtor from Colorado, told the news source. "It's imperative to know how credit scoring works and how to achieve the highest possible score."
Industry professionals may want to help increase consumers' knowledge of credit scores and the more abstract aspects of the mortgage market. This could help prevent foreclosures and loan rejections later.
Tuesday, November 29, 2011
Wednesday, November 16, 2011
Thursday, November 10, 2011
The intentions of many people nearing retirement to purchase a new home may aid in spurring on the residential housing market in certain areas.