Fannie Mae Freddie Mac Bailout
Posted September 8th, 2008 by SheilaWhat does the Fannie Mae and Freddie Mac bailout meant to home buyers and sellers? The bailout could mean lower interest rates, which will hopefully encourage buyers. The expectation for a 30-year fixed conventional loan rate to fall over the next few weeks as much as a half percent. Unfortunately, the declining housing market will [...]
Tags: buyers, Fannie Mae, foreclosure, Freddie Mac, government bailout, homeowners, mortgage, sellers
