People wait to visit a house for sale in Garden City, Nassau County, New York, on Sept. 6, 2020.
Xinhua News Agency | Getty Images
Mortgage interest rates are near historic lows. Yet if you want to take advantage of those rates, check your credit score first.
That three-digit number determines whether you can get a mortgage, the type of loan you’ll get, what you’ll pay in interest and potentially how much money you need for a down payment. In this hot housing market, that could make difference in your success, experts say.
The benchmark 30-year fixed mortgage rate is currently 3.090%, according to Bankrate.
“You are locking that rate in for potentially 30 years, so you are saving an…