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– ‘For this particular buyer, I would tell them to not make last last home buyers who were caught in the housing frenzy,’he said. ‘Buy when it is ready, not because it is a good time to do this can. Your credit good enough to qualify for a good rate on a mortgage? Thirty-year fixed mortgages are at a record low 4, according Freddie Mac, making it a good time to buy for those who qualify, but the pool is small, thanks to picky banks and fewer people who can not afford loans. Motley Fool post Tierney Plumb holds no positions in any the shares mentioned.fixed-rate mortgageage below 4 percent for 2nd TimeWASHINGTON – The average interest rate for 30-year fixed mortgage fell below 4 % for just the second time in history.Freddie Mac said Thursday the rate on the 30-year fixed loans fell to 3.99 %, down from 4 % last week.

Most people who can afford to refinance already locked in rates below 5 %.Just five years ago they were closer to 6.5 %. Ten years ago they were about 8 %.The average rates do not include extra fees, points points, which most borrowers pay in order to get the lowest prices. A point is 1 % of the loan amount.The average fee for the 30-year fixed mortgage was unchanged at 0.7. The average fee on the 15 – year fixed-rate loan rose from 0,The average interest rate for the five-year adjustable loan rose to 2.98 % from 2.96 %, which was a record low... But how do Elgie Holstein, the Environmental Defense Fund noted, the government has little choice but rely on BP promises to try harder. – This is the war that we are who, not the war we are like to have, said Holstein, who serving as consultant the Obama presidential campaign, echoing the formerly Defence Secretary Donald Rumsfeld notorious statement about the war in Iraq. Under current circumstances be the expertise that is required deal with the complex of this particular crisis in the depth of the water be an overwhelming dominance of the petroleum industry and this is just the fact I doubt that the government will are going to purchase from of drilling platforms.

That it was not be a realistic scenario.

U.S. She noted the government have already something to trying and stop worst oil spill in U.S. History, including the use of out of more than 1,000 ships and 20,000 workers did.