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When you’re shopping for the best deal on a mortgage or auto loan, the rules determining your credit score can seem like a hindrance. Many worry that shopping around for the best rates, a habit that is seemingly crucial to getting good terms, will adversely affect their credit scores.
It’s key, then, for home buyers to take the time to shop for the best mortgage interest rate.
Many homeowners ask themselves, “Should I refinance my mortgage?” Especially when market interest rates are at historic lows, homeowners should evaluate their current mortgage and see if it makes sense to qualify for a new home loan.