Morning Minute: Trend toward lower FICO score requirements could help potential homebuyers

In an effort to reach underserved borrowers seeking a mortgage, more banks are beginning to lower the minimum credit scores required for lending approval, REALTOR® Magazine reports (via HousingWire).

In other headlines:

Housing Comes Roaring Back to Life – Time

What is the real condition of your local housing market? – HousingWire

REALTORS® Generally Expect Prices to Increase Modestly in the Next 12 Months – NAR

This entry was posted in Consumer Information, Housing Market by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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