Subprime mortgages are mortgages taken out by people with low credit scores.

Name: Subprime mortgages are mortgages taken out by people with low credit scores.
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Subprime mortgages are mortgages offered to borrowers with a credit score below a certain level, typically below 620-640. These borrowers are considered a higher risk to lenders, so they may have to pay higher interest rates and fees to obtain a mortgage.

Subprime Mortgages Are Mortgages Taken Out by People with Low