High Credit Score to Raise your Chance for a Good Georgia Mortgage

"One of the biggest factors in determining your credit score is your past payment history. While one or two late payments on your credit cards, loans, or other important obligations over a long period of time may not significantly damage your credit record, making a habit (or mistake) of it can count against you. Other tricky factors the article mentions include having too many existing debt, owning multiple credit cards, and having incomplete information in your financial documents, such as full legal name, or changes in address. The credit score is just one aspect of the process. Along with improving your score, you should also find trusted GA mortgage lenders like the Churchill Mortgage Corporation to find affordable and flexible payment schemes."

http://georgia.churchillmortgage.com/info-articles/high-credit-score-to-raise-your-chance-for-a-good-georgia-mortgage/

First-Time Buying Tips: Dealing with Rising Georgia Mortgage Rates

According to HSH.com®, a leading publisher of home and consumer loan information, mortgage rates shot up from 3.49 percent in May to 4.69 percent in August. Data from Goldman Sachs, the giant banking and investment firm, showed that rates on 30-year fixed mortgages have gone up 1.2 percentage points since May. In Georgia, though, the story is a bit different. As shown in the most recent report of Georgia REALTORS®, a strong demand for a limited supply of homes for sale has been outweighing any concerns about higher mortgage rates. In fact, people might be actively seeking to buy homes now in anticipation of mortgage rates rising further. Given this possibility, some experts share a few ways buyers can deal with high Georgia mortgage rates and still buy homes.

http://georgia.churchillmortgage.com/info-article/first-time-buying-tips-dealing-with-rising-georgia-mortgage-rates/