A small boost to your credit score can make a big impact on the cost of buying a home.
Rising mortgage rates
are the key factors in the cost of a home, but beyond a homebuyer's control. Raising your credit scores in the weeks and months before applying for a mortgage is the most tangible way to reduce costs if you're in the market to buy a home now, financial advisers said. A difference of a few points can sometimes mean lower mortgage rates that save buyers thousands of dollars over time.