To: MrB
2/3 of the population is not “mortgage worthy”It's not that high. The average credit score is 720 which indicates less than 3% likelihood of default. Now there are income factors at work there as well...but saying "2/3 of the population is not mortgage worthy" is hyperbole.
22 posted on
10/08/2007 6:30:13 AM PDT by
RockinRight
(Can we start calling Fred "44" now, please?)
To: RockinRight
The average credit score is 720 which indicates less than 3% likelihood of default. Are you stating the avg for the population or for home owners?
55 posted on
10/08/2007 9:53:30 AM PDT by
Centurion2000
(False modesty is as great a sin as false pride.)
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