Three ways low mortgage rates can work for you

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Just when it looked like mortgage rates couldn’t fall any further, they did.  So what’s in it for you? A lot, potentially.

Rates on 30-year fixed-rate mortgages (excluding jumbos) hit an average of 4.3% in September, the lowest level since 1953, according to Freddie Mac, and are still hovering below 4.5%.

Read the full story on the link below.

http://money.cnn.com/2010/11/02/real_estate/make_low_rates_work.moneymag/index.htm

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