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mortgages magazine - mortgage and finance news

Mortgages Magazine - Latest Mortgage News on REFINANCE MORTGAGE TOPICS, Loans, Debt Consolidation

Welcome to Mortgages Magazine, one of the premier sites for information on the refinance mortgage industry. Our mission is to provide you with the necessary information to make the right decisions regarding mortgage refinancing, your home equity loan and debt consolidation. The better informed you are, the more money you can potentially save.

At Mortgages Magazines, you can visit our site directory below to read articles on: Down Payments, Types of Mortgages, Closing Costs, Choosing a Lender, the Do’s and Don’ts of Mortgages and a comprehensive Mortgage Glossary of terms. We provide the latest mortgage news headlines. Furthermore, our weekly Mortgage Trend articles highlights the latest developments in the refinance mortgage market and determine where the mortgage refinance industry is going.

mortgage and home loan news

Your Credit Score Counts When Applying For Mortgages And Refinance Mortgage Loans

Most people rely on credit to buy the home of their dreams. To qualify for a residential mortgage or a refinance mortgage loan with good terms, you need to have an adequate credit score. A credit score is also known as FICO, a three digit system created by Fair Isaac and Co. A credit score measures the probability of the likelihood of an individual paying back the money he or she has borrowed. The difference in ...

mortgage and refinancing headlines

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interest rates outlook
Interest Outlook: Especially for homeowners with a good credit score, locking into a fixed mortgage is currently attractive. For those with an ARM, doing a refinance mortgage into a fixed rate also makes good financial sense. The popular 30 year fixed rate mortgage is expected to stay near its historical lows, within a range of 6.00% to 6.50%. As long as the U.S. economy stays weak, the Federal Reserve will be accommodative with lending rates.
interest rates outlook
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