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    • Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]

    Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]

    Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC] | Simplifying The Market

     

    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%!
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