How does your credit score affect your mortgage rate? This is a question home buyers are asking when they start the process of purchasing a house. Andrew of Kimball Realtors in Wisconsin Dells tells us about what a credit score is, how it is determined and how your mortgage rate is given based off your credit score. There are many factors that come into play when you apply for a mortgage loan, but this is very important. Andrew also gives you some examples of different credit scores and what the mortgage would be based on those numbers. Andrew also tells you what is causing this market and how it is so volatile. Kimball Realtors hope this helps you when you go to apply to get a mortgage in this crazy housing market.
