The top rung of scores has been raised, unfortunately. Currently, the minimum credit score to get the best mortgage rates is typically in the range of 750-760, at least with most lenders. However, a 740 to 750 FICO may still qualify you for the best rates with some lenders (as the saying goes, your mileage may vary).
specification noun [C usually pl]. âº a âclear, detailed âplan or âdescription of how something will be made: Specifications have been âdrawn up for the new âaircraft. The âhouse was âbuilt to the architectâs specifications.
The sound-bite answer is that requirements are what your program should do, the specifications are how you plan to do it. Another way to look at it is that the requirements represent the application from the perspective of the user, or the business as a whole. The specification represents the application from the perspective of the technical team.