Credit Score Requirements LOWER As Interest Rates CREEP UP! [INFOGRAPHIC]
- The average 30-year rate for all loans closed in August eclipsed 4.3% for the first time since October 2014.
- The average FICO score for all closed loans in August reached a new yearly low at 724 (the lowest since February 2014!)
- The average down payment of FHA loans closed was just 4%!