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Mortgage Rates Hit 50-Year Low

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Uploaded by on Dec 13, 2010

With mortgage rates at 50-year lows and home prices affordable, today's market presents a rare buying opportunity for working families with stable incomes and good credit. Learn more about what you need to qualify for a loan in today's environment, including the importance of a stable income, a good credit history, and a common sense downpayment.

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  • What is stable income? No job is "secure" or "stable", and one could be employed today and handed a pink slip tomorrow. So what is stable?

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