Tag Archives: credit

Buyers Turn to Credit Unions for Mortgages

Credit unions are increasingly pressing into a category traditionally reserved for banks: mortgages. More home buyers are turning to credit unions for mortgages, according to a new...

Tight Credit Continues to Plague New-Home Sales

Sales of newly built single-family homes plunged 14.5 percent in March, dipping to the lowest level in eight months and marking another sign of a sluggish start to the spring-selling...

Wells Fargo Lowers Credit Requirements for FHA Loans

Wells Fargo has announced that it will accept lower credit scores for loans backed by the Federal Housing Administration. “We have dropped our FICO minimum for FHA from 640 to...