Rolling late payment
When you miss a mortgage payment by thirty days and do not make it up the next month by making a double payment you will have a rolling 30 day late payment showing on your mortgage payment history.
http://www.brokeroutpost.com/reference/26860.htm (Updated: 03/17/2007)
Related Reference Topics: [mortgage late, missed payment]

Credit rating
In general, the higher your credit rating, the lower the interest rate you'll pay on your mortgage. The main factor in obtaining a high credit rating is to pay your bills on time. Even one missed pa
http://www.brokeroutpost.com/reference/58488.htm (Updated: 09/25/2006)
Related Reference Topics: [credit rating, credit score]