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Showing posts with label Fannie Mae. Show all posts
Showing posts with label Fannie Mae. Show all posts

Wednesday, March 19, 2008

Mortgage Rates: Heading Down?


Good news: The federal government took a big step today that should encourage mortgage rates to stabilize—and perhaps start to drop. The move, which gives Fannie Mae and Freddie Mac more leeway to buy loans, could shore up the secondary mortgage market by reassuring lenders that they'll find investors for the mortgage money they lend you and me.

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