Studio City, CA (PressExposure) April 15, 2011 -- Economists explain that the statistic analysis shows 2011 to be the year when potential borrowers can benefit from the lowest mortgage rates. The term used to describe the year 2011 in relation to the current mortgage rates is "flight to safety". Moreover, it is estimated that in the following period, thanks to the continuous improvements made in the economic field and constant job vacancies listings by many employers, the mortgage rate of the near future will be greater than the mortgage rate today. Taking this into account, many economy specialists agree that there is no better time than the present to get a mortgage or loan. There are events that could happen and result in the contradiction for the mortgage rates growth tendencies, but no-one know for sure when or if these will happen. Consequently, the best advice that the specialists in the economical field can give to those looking for a loan is to apply for one now, before the interests and current mortgage rates rise any further.
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