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low rates: Fannie Mae and Freddie Mac - 10/21/08 05:10 PM
I have had a few thoughts about the recent collapse of the mortgage giants and would like to know others thoughts on the matter. Fannie Mae and Freddie Mac were both taken over by the government in September of this year. This was mostly because of lax underwriting guidelines, and the declining home prices in the US. Since then the real estate market has continued to deteriorate, and congress has passed a $700 billion bailout of the banks. Both of the mortgage giants have continued to tighten lending guidelines and ratchet up rates. In order to get the very best rate
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low rates: Rates are at 4 year lows! - 01/24/08 11:23 AM
According to Freddie Mac, the 30 year fixed rate mortgage is currently at 4 year lows! This should certainly help those buyers who are "on the fence." It is also a great time to refinance out of those ARM's or just lock in a super low rate. Please let me know if I can help anyone out there. We are located in the heart of Tennessee and service Nashville and the surrounding areas, as well as 15 other states. Thanks, Chris Haynes 615-945-3994 www.besttnloans.com
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CHRIS HAYNES
Mount Juliet,
TN
More about me
Peoples Home Equity Inc.
Address: 2685 North Mount Juliet Rd, Mount Juliet, TN, 37122
Office Phone: (615) 288-4452
Cell Phone: (615) 945-3994
Email Me
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