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Good Credit Scores Mean Lower Interest Rates

Do you know your credit score? It’s important that you do if you intend to apply for a home mortgage. If you want a lower interest rate, then it’s time to improve your credit score.

In the 1960s, Fair Isaac and Company started working on a system that lenders could use to evaluate the likelihood of …

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Tips and Advice For Homeowners For Preventing A Foreclosure

With the current unemployment rate in the U.S. rising to nearly 10%, the foreclosure crisis has affected nearly 938,000 properties between July to September, compared with 890,000 in the previous quarter, and a 23% increase from the third quarter of 2008. According to RealtyTrac, if this trend continues, foreclosures may hit about 3.5 million this …

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