Archive for the ‘economics’ tag
Mortgage Rates History

Questions of a mortgage if you have bad credit but a first time buyer.?
Is it possible to get a decent interest rate Fixed mortgage if you have a bad credit history.
The only way to buy with dinged credit and still have a decent interest rate is through the FHA. You need a 640 credit score and will have a very good rate at the 5% range for a fixed 30 yr. If you do not have a 640 then you need to start working on your credit through credit repair and credit enhancement.