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disappointment

Could Paying Off Your Mortgage Hurt Your Credit?

Imagine, then, the disappointment to learn that your credit scores have gone down, not up, as a result of making that final mortgage payment. Dale commented that his credit score seems to have been hurt by the fact that he paid off his mortgage years ago, and Mel complained that his scores dropped by over 70 points after he paid off his mortgage and another loan. The answer to the second …

Buying a home is easier if you're white

Black and Hispanic borrowers who apply for a conventional mortgage are denied twice as often as whites who apply for the same loans, according to Zillow.