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Record Low Mortgage Rates Will Be Gone In 2011

According to the Mortgage Bankers Association mortgage rates may very well have seen their lowest levels. They expect that rates are on a course to rise and will do so slowly during the rest of this year and throughout 2011. Rates on a 30 year mortgage which are presently at around 4..4% will climb to 5.1% by the end of next year.

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