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Portland Mortgages | News, Weather, Sports, Breaking News

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WGME CBS 13 provides news, sports, weather and local event coverage in the Portland, Maine area including Lewiston, Augusta, Brunswick, Westbrook, Biddeford, Saco, Sanford, South Portland, Kennebunk, Bangor, Freeport, Buxton, Windham, Auburn, Waterville, Scarborough, Gorham, Yarmouth, Standish, Falmouth, Poland, Rockland, Bath.
The webpage at wgme.com/mortgages provides comprehensive information on various aspects of mortgages, aimed at helping potential homebuyers make informed decisions. It covers the basics of mortgages, including different types such as fixed-rate, adjustable-rate, FHA, VA, and USDA loans, explaining their features and suitability for different buyers. The site also delves into the mortgage application process, detailing steps from pre-approval to closing, and offers tips on improving credit scores and saving for a down payment. Additionally, it discusses current mortgage rates, refinancing options, and the importance of understanding terms like APR, points, and closing costs. The page emphasizes the need for comparing offers from multiple lenders and possibly working with a mortgage broker to find the best deal. It also includes resources for first-time homebuyers, such as government programs and assistance options, ensuring a thorough guide for anyone navigating the home buying process.

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