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Ask the expert: Is your credit score costing you money. – They would be charged a low interest rate because they are considered a good credit risk. conversely, Borrowers with a low credit score seeking to take out a 15-year home equity loan or a 30-year.
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Credit Shocker: See What Today’s Low Interest Rates Really Mean for Mortgages – Clearly, interest rates have varied widely in American financial history. Now let’s take a look at what they mean for home buyers and mortgages. Many people assume that when the Federal Reserve sets.