How big a whack did your credit score take during the grim years of economic distress following the housing bust? Was it 20 points, 50 points, 100 points — or maybe no drop at all? These are key questions affecting millions of potential home buyers who hope to qualify for mortgages as well as current owners looking to refinance.
As Consumer Credit Scores Plunged In 2008-2009, Lenders Raised Their Standards
Kenneth R. Harney, Washington Post
Sat, 01/07/2012 - 10:10am
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BING NEWS:
- Refinancing a Mortgage With Bad Credit Is Possible
Although it might be tricky to refinance a mortgage with bad credit, you have some options, like a cash-out refinance, FHA refinance, or VA interest reduction refinance.
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