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Make A Profitable Deal With 30 Year Fixed Mortgage Rates!

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By Author: Sadhana Dhanyal
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Have you been looking forward to purchase a home?If yes,then you are now in an advantageous position.With the astounding number of foreclosures across the country on the rise,the government is discovering new ways to stimulate the economy.Buyers now have an exciting offer in the form of 30 year fixed rates mortgage.

According to the statistics,these kinds of fixed mortgage rates dropped to the lowest stage in the last four years.The average fixed mortgage loan rate in the final weeks of January 2008 was 5.48%,marginally above 2004's low of 5.40%.This marks the third consecutive week that these rates were below six percent.

With the intention to combat recession,the Federal Reserve implemented key interest rate reduces.This is believed to be one of the principal factors leading to the fall,along with a further weakening of the economy.It is fervently expected that such a large descend in rates will spur more people to buy homes, whether new or existing.

Apart from new buyers,current homeowners looking to refinance also are believed to have a wonderful opportunity.The current low 30-year fixed rate is the ...
... ideal opportunity.With so many in foreclosure peril from adjustable rate mortgage loans,homeowners are looking to hold money and lower payments.

Have you been looking for a single finance option which will help you buy your dream home and consolidate your debts?If yes,then the answer to this lies in 100% mortgages!You can use the funds from them for home purchase,renovations,debt consolidation,car purchase or finance major expenses.So there you have it - a solution for all your financial problems in the form of these mortgages!

You can approach financial experts who can arrange them for people with credit problems including CCJ,arrears,defaults or for self employed.The financial experts are not tied to any specific lender which means they will scour the market and find the best types of deals for you.Whatever be your requirement,you must make sure you do a careful research before you opt for any type of mortgage.This will help you get the best deal.Thus,you can also make an informed choice.

Sadhana Dhanyal,content developer for finance domains. For more information: Emergency Homeowner Loan

Get more information on: Instant Bad Credit

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