740 credit score is mortgage sweet spot
Today's lowest mortgage rates and fees go to borrowers with credit scores of 740 or higher. This is a change from a few years ago, when a 720 credit score was good enough to merit the best deals. The fees are higher for borrowers with credit scores of 700 to 719, and they continue to kick higher for every 20-point drop. “What used to be great is now only good,” says mortgage broker Todd Huettner …