Mortgage rates technically ticked a hair lower today, but it’s more accurate to view them as being broadly sideways. Some lenders issued improvements yesterday afternoon. Those lenders were closer to unchanged this morning. As of this afternoon, several lenders have already issued slight rate increases due to weakness in the bond market. Bonds dictate rates. […]
Mortgage Rates Remain Steady Read More »
Equifax is rolling out a new pricing strategy and incentives in response to FICO’s program announced last week as the dispute between score providers heats up. The credit reporting agency will offer the competing Vantagescore 4.0 metric from FICO’s rival at a price of $4.50 through 2027, a cost it claims is more than 50%
Equifax slashes VantageScore price to undercut FICO Read More »
Key insight: Identity theft victims who file extended fraud alerts often experience significant and persistent improvements in their credit profiles, becoming more creditworthy. What’s at stake: U.S. banks and credit unions that understand the behavior of identity theft victims can land better credit lines. Supporting data: Extended alert filers saw their credit scores increase by
Silver lining? Some fraud victims see credit scores rise: Fed Read More »