A Background on Credit Scoring Models

A Background on Credit Scoring Models

Homebuyers who have a better credit history over a longer stretch of time than a shorter one may benefit by a change to the credit-scoring model used by Experian. Up until about 2016, mortgage lenders didn’t use trended credit data and didn’t differentiate between types…

Moving in the Middle of the School Year – A Good Idea?

Moving in the Middle of the School Year – A Good Idea?

When you want to move, there is no guarantee that things will happen quickly. You might find your dream house in a few days, secure a mortgage and be able to move in right away. On the other hand, it might take months to find…

Paying Off Your Mortgage in 15 Years vs. 30

Paying Off Your Mortgage in 15 Years vs. 30

Paying off your mortgage early and living mortgage-free so you can use the money for other things—such as travel and an early retirement—can sound like a pipe-dream that’s impossible to get to, but it doesn’t have to be. If you have a 30-year mortgage, there…