The government's takeover of Fannie Mae and Freddie Mac - mortgage titans that own or guarantee about half of all U.S. mortgages - will help borrowers who had been nervously waiting for the best time to get out of the adjustable-rate mortgages they took out during the housing boom.
Mortgage rates fell sharply Monday, as investors reacted to the government's takeover of Fannie Mae and Freddie Mac
Great news as bonds rallied and interest rates dropped on the good news out of washington
call me today 480.557.6900 and I can get you into a great 30-year fixed rate before your ARM adjusts
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