MAY 17TH, 2018

According to a new study by LendingTree, when it comes to credit scores, the difference between "good" and "great" matters more significantly than you might have thought. The study showed that on average, the difference in interest paid over the life of a mortgage loan between a borrower with a 740+ score compared to one with a 719 score is $15,000. This highlights the importance of improving your credit when thinking about buying or refinancing.