So that dream house you’ve been longing for just went on the market, but then the reality of your credit score sinks in. Don’t despair — there are options for people with credit issues. Bad credit home loans may be the right choice for you.
It’s important when shopping for a mortgage to get all home loan quotes at approximately the same time. Mortgage interest rates change constantly, because they are affected by the prices of bonds and mortgage-backed securities (MBS), which are bought and sold like stocks. Global economic news, Treasury auctions and decisions by the Federal Reserve can cause mortgage rates to move up and down very suddenly.
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