If you’re a recent college grad, you’ve likely heard speeches about pursuing your passions and believing in yourself, but you probably haven’t heard much about establishing a good credit history. Here’s what you need to know. It matters – a lot Qualifying for mortgages, auto loans, apartments and even jobs has become dependent, to some degree, on your
Buying a home is the largest purchase many consumers will ever make, and many will turn to a lender for financing. But finding a lender you click with can be a challenge, especially if you wait until the last minute. Li-Ning Huang, a research manager on Fannie Mae’s economic and strategic research team, says buyers
You may never have heard the terms transactor or revolver in relation to your credit habits. But if you’re hoping to qualify for a mortgage someday, your credit-paying habits, viewed over time, could be used by lenders to estimate how likely it is you’ll repay your loan. This could make a difference in the terms