Finance & Mortgage

Paying Rent on Time Can Boost Credit Scores – Study

A new study conducted by Experian RentBureau, a subset of Experian - global information service company, found that a good rental payment history can impact the renter's credit scores positively; thus, enhancing their chances of qualifying for a mortgage loan.

US Mortgage Rates Tick Up After Two Weeks on Steady Economic Growth

Mortgage rates in the U.S. edged up slightly this week on positive economic reports after remaining flat for about two weeks, according to Freddie Mac's latest primary mortgage market survey.

Bank of America To Pay $17 Billion in Penalties to US Justice Department

Bank of America and the U.S. Justice department (DoJ) have reportedly struck an agreement where the financial institution will pay a little under $17 billion to settle allegations of selling faulty mortgage loans that eventually led to the housing market crash in 2007.