Currently viewing the tag: "720 FICO"

Loan Level Price Adjustments = Higher Loan Costs

On January 6, 2011 By

Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.

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Loan-Level Pricing Adjustments (Revisited)

On December 16, 2010 By

Loan-level pricing adjustments (LLPA) are mandatory fees designed to better align the mortgage rate and fee with the loan characteristics.

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Credit Score Scenarios for 680 and 780 FICOs

On October 21, 2010 By

With loan-level price adjustments (LLPA) directly relating your mortgage rate to your credit score, some of these changes can be mean more than a 1% fee on a loan.

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Fed Meeting and Impact on Mortgage Rates (August 10, 2010 Press Release)

On August 10, 2010 By

The Fed left rates unchanged after its first meeting in six weeks. Mortgage rates were unchanged Tuesday, but are trying to stage a rally today.

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7 Ways To Protect Your Credit Score For Better Mortgage Rates

On February 5, 2010 By

Credit scores not only make the difference between a mortgage approval and mortgage turn-down, but they also play a large role in determining your actual mortgage note rate. In the 3-minute piece, the NBC Today Show talks about 7 ways that homebuyers ruin their credit — often by accident.

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