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When you ask a possible creditor to inquire about your credit, it may affect your credit. This is because it implies that you're possibly opening a new line of credit. But you have the right to look at your credit report without affecting your credit. When you request your credit report it's called a "consumer pull" and has no affect on your credit.

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Q: Dose it affect your credit score when ever someone looks at your score when shopping around for a mortgage?
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Who has the best first time home buyer loans?

Your best bet when shopping around for a home buyer loan or a mortgage is to use a mortage broker. They will do the shopping around for you and get you the best rate. There is no fee to you for using a mortgage broker.


Where can one compare the best mortgage interest rates?

You can go to a local business that helps with mortgage rates. Then you can go and compare different online prices with your local prices. Shopping around for the best deals will be profitable.


How can you adjust and refinance your mortgage rates?

You can adjust and refinance your mortgage rate by shopping around for the best rates in your area. By checking the current rates of local banks narrow down the lowest rate. After that visit the bank and talk to their loan officer about refinancing possibilities.


Does mortgage insurance usually pay off a house if one dies?

This insurance covers the mortgage debt if you should face an untimely death before it is paid. There are life insurance policies that carry optional mortgage coverage insurance that in many cases are more beneficial than what you would receive from your bank. Do some shopping around before making any decisions.


What is the average mortgage percentage rate in the state of Colorado?

Average Mortgage rate in Colorado depends on your choice of a 15 year mortgage or a 30 year fixed mortgage. There are also other variables. if you chose the 15 year mortgage, it would be around 2.75%. If you choose the 30 year fixed mortgage, your rate would be around 3.7%.

Related questions

Who has the best first time home buyer loans?

Your best bet when shopping around for a home buyer loan or a mortgage is to use a mortage broker. They will do the shopping around for you and get you the best rate. There is no fee to you for using a mortgage broker.


Where can one compare the best mortgage interest rates?

You can go to a local business that helps with mortgage rates. Then you can go and compare different online prices with your local prices. Shopping around for the best deals will be profitable.


What is shopping around?

Its when you go around town shopping


How can you adjust and refinance your mortgage rates?

You can adjust and refinance your mortgage rate by shopping around for the best rates in your area. By checking the current rates of local banks narrow down the lowest rate. After that visit the bank and talk to their loan officer about refinancing possibilities.


Does mortgage insurance usually pay off a house if one dies?

This insurance covers the mortgage debt if you should face an untimely death before it is paid. There are life insurance policies that carry optional mortgage coverage insurance that in many cases are more beneficial than what you would receive from your bank. Do some shopping around before making any decisions.


What is the best way to get a good mortgage?

The best way to get a good mortgage is to shop around. You will have to shop around in order to find the best rate on a home mortgage.


What was the mortgage rate in 1968?

Mortgage rates in 1968 were right around 7%.


What has the author Judith Friedberg written?

Judith Friedberg has written: 'Shopping around Europe' -- subject(s): Guidebooks, Shopping 'Shopping around the East and Near East' -- subject(s): Guidebooks, Shopping


What is the average mortgage percentage rate in the state of Colorado?

Average Mortgage rate in Colorado depends on your choice of a 15 year mortgage or a 30 year fixed mortgage. There are also other variables. if you chose the 15 year mortgage, it would be around 2.75%. If you choose the 30 year fixed mortgage, your rate would be around 3.7%.


Deference between shopping centre and shopping mall?

A shopping mall is a big place with lots of rooms under a roof and you walk around inside.... and a shopping center is a bunch of stores where you walk around outside.


What to do if you lose your job and need to get a lower mortgage payment in order to keep up with the payments?

First, call your lender. Rather than immediately shopping around for a mortgage, and possibly getting yourself into a scam or a bad situation, go have a talk with your lendor/banker and explain the situation. They may be able to refinance, skip a payment, or whatever to work with you.


What does the average American mortgage payment?

the average mortgage payment is around $1400.00 a month. believe it or not when i bought my house in 1972 my mortgage was $143.75 a month