Fannie Mae’s Risk Based Pricing benefits mortgage applicants with high credit scores.

Approving mortgages is all about assessing risk, as underwriters scrutinize every detail and shred of data in hopes of accurately predicting if a potential borrower will pay their mortgage on time every month – or default.

That’s good news for consumers that are good stewards of their financial affairs since keeping a great credit score, a low debt load, and plenty of assets will help them get approved for the best low-rate mortgage loan when it comes time to refinance or ...

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money-really-can-buy-happiness

It turns out money really can buy happiness!

“Money can’t buy you happiness,” is a mantra we tell ourselves regularly, put on bumper stickers and even teach our children. But is it true?

Probably not, it turns out, as studies point to the positive correlation between income and levels of happiness. So having more money really will make us happier?

Somewhat, but there are certain important distinctions to make before we start blindly chasing dollar signs in hopes for inner bliss.

First, we’ll go over the research:

One of the first stabs ...

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