Mortgage Blog
Quality advice, quality service and the best mortgage rates
Credit Scores and Interest Rates
August 29, 2022 | Posted by: Marc Crossman
Let's take a look at how your credit scores can impact interest rates when you apply for a mortgage.
The chart shown illustrates how much your credit score affects the annual percentage rate (APR) on a mortgage.
Keep in mind that interest rates shift often, but the overall concept remains the same: a higher credit score will earn you a lower interest rate.
Call us directly for a consultation at 780 701 3888 or email marc@albertamortgagepros.ca so we can start working on your mortgage financing strategy!
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