Having a great credit score can save you money!!  The better your credit score, the better your mortgage rate which makes a lower mothly payment.  Lenders are now rewarding those that have good credit with aggressive mortgage rates.  Look at how that translates into a 30 yr mortgage for $200,000 in Utah!

FICO Score         Rate            Monthly

760-850              4.588%        $1,024

700-759              4.808%        $1,050

680-699              4.984%       $1,072

660-679              5.195%       $1,098

640-659              5.621%        $1,151

620-639              6.162%        $1,220

The people at MyFICO.com supplied this information.          

There is a lot of free information available to you about buying, selling or investing in Salt Lake City Utah real estate. For complete information about the Salt Lake City Utah real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Salt Lake City Utah real estate at www.BuySaltLakeHomes.com.  So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer you queries. Call me on my cell at 801-518-4599 or email me at kathyo@kathyohomes.com.

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