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Consider These Financing Alternatives - The Housing Scene

FHFA announces timeline to sunset FICO Classic credit model

Full implementation of the transition to FICO 10T and VantageScore 4.0 and should occur in Q4 2025, the FHFA said.

Amid rising mortgage rates, another cost increase looms for next year s home buyers

As if rising mortgage rates and high house prices aren’t enough, homebuyers in the new year are going to have to contend with higher fees to obtain their credit reports. In some instances, a credit report will cost 400% more in 2023 than it did in 2022.

Higher Credit Report Fees Hit Homebuyers - Banker & Tradesman

Higher Credit Report Fees Hit Homebuyers - Banker & Tradesman
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