The average FICO score of Approved Conventional Loans was 757 in May The average FICO score of Approved FHA Loans was 688 in May Since April 2013, the ability of Americans to obtain a mortgage has increased substantially!
During the mortgage meltdown which began in December 2007, many people lost their job, divorces were up, stress caused illness, it went on and on. Those who declared bankruptcy are now left with the aftermath. You wonder why rents are so high? And they threaten to go even higher. And why not? People have to [...]