Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]
![Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC] | Keeping Current Matters](https://static.wixstatic.com/media/afe665_6318d52dfd9145e39ba975adc27d5935~mv2.jpg/v1/fill/w_1000,h_1294,al_c,q_90,usm_0.66_1.00_0.01/afe665_6318d52dfd9145e39ba975adc27d5935~mv2.jpg)
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%!
Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts.
0 views0 comments