Lynne Dewar's (ldewar) Blog

Fannie Mae has announced that they have gone to a new FICO based plan for all loans. The Higher your FICO Score the Lower your Rate. For example, on a $250,000 30 year, fixed rate mortgage the interest rate would be 5.75% if you FICO is 760 or  higher.  This would be a payment of $1,459. If your ...