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Is Biden's Credit Score Screw Job On Mortgage Pricing Even Legal?
• https://mishtalk.com by MishNew Rule: The Better Your Credit Score the Higher Your Mortgage Rate
Please consider New Rule: The Better Your Credit Score the Higher Your Mortgage Rate
Under the new rules, high-credit buyers with scores ranging from 680 to above 780 will see a spike in their mortgage costs – with applicants who place 15% to 20% down payment experiencing the biggest increase in fees.
Loan Level Price Adjustments
Mortgage lender Fannie Mae added some new credit score ranges making some before-after comparisons impossible to calculate.
You can find the complete tables on Fannie Mae's Loan-Level Price Adjustment Matrix page.
My lead chart shifted the columns so they line up making the credit score visualization easier.