In my last blog, I explained why your credit score is so important. After receiving quite a few questions on the subject from readers, this week’s entry is on clearing up some of the most common credit score myths. Myth #1: “I know I have great credit because I pay my bills on time and […]
1. Affordability According to the National Association of Realtors’ housing affordability index, housing affordability will be at its highest in a generation this year. The affordability index is comprised of median home prices, median family income, and the prevailing mortgage rate. An index of 100 implies that a median income family has just enough income […]