Great Credit Cards

Out of context: Reply #23

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• ETM0

  The benefit now is that they are being far more strict on who they even give mortgages/credit to. Its also short term thinking to neglect your credit score because the economy is forcing low rates. Most rates are attached to prime and when prime rises, you want to be able to have good credit so they still allow you low rates.

  I am surprised when people take credit so lightly. Saving even 1% on your mortgage can mean hundreds a month depending on the borrowed amount.

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  • How many houses are you planning to buy?DrBombay
  • You have to renew mortgages. Remember the 80s when rates were so high people walked away from their homes.ETM
  • When something is at a record low, it only goes up eventually.ETM

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