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What is the Average Bad Credit Mortgage Interest Rate?

According to current financial data the average bad credit mortgage interest rate is approximately 4.3%. Financial trends over the last twenty years show that interest rates are at the lowest they have been in a long time. They also suggest an approaching tendency to increase in the near future. Subsequently, financial experts suggest that people considering bad credit mortgages should act soon while the market remains favorable.

by Margaret Walker on Thu, 08/26/2010 - 23:19

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