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Low credit score home loan costs rise for subprime borrowers
The article explains how credit scores in the 500s lead to higher mortgage rates and payments, with example refinances from 5 636 percent on a 200 000 loan for top scores to about 9 289 percent for scores 500 to 559. It notes lenders' ranges, cautions about recent mortgage delinquencies, and suggests using calculators on musico com.
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