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In general, prospective home prices should be two to three times your annual income and mortgage payments should be under 30% of your monthly gross income. You will want to get a credit report for yourself and and your co-borrower, if you have one, to make sure that your credit score meets the lenders minimum before applying for a mortgage.

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This could potentially disrupt its expansion plans as it finances. So seeing that Seadrill has made some progress in controlling costs in these regions is very encouraging for the future.

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