Why the Most Creditworthy Homebuyers Overpay the Most
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Why the Most Creditworthy Homebuyers Overpay the Most
It sounds counterintuitive, but the data is clear: the more creditworthy you are, the more likely you are to overpay for your mortgage. Bankrate community reporter Katie Kelton breaks down why. After analyzing 3.2 million mortgages, Bankrate found that homebuyers with the lowest debt-to-income ratios have a 92% chance of paying a higher ...
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