On the heels of Fitch Ratings downgrading the GSEs’ senior unsecured debt ratings to 'AA+' from 'AAA,’ Freddie Mac reports the fixed-rate mortgage climbed nine basis points week-over-week, inching closer to the 7%-mark.
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Credit Scores Improving Nationwide
A new study from QuoteWizard showed credit scores increased significantly during the first year of the pandemic, with the average American credit score bumping up by half a percent between 2020 and 2021.
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