Home : Blogs : Valerie Springer Mortgage Loan Officer Expert in Financing Purchase & Refin : DEAR VAL: Mortgage Loan Officer Concentrating on Shelby County & Birmingham, AL

Mortgage Bonds Received a Leg-Up, Rates are Falling In Response

What we have all been waiting on!!!

The FED has announced it would purchase $600 billion of Mortgage Back Securities from Fannie Mae, Freddie Mac and Ginnie Mae. This is an act of brilliance by the Federal Reserve and should increase credit availability and lower fixed mortgage rates. Today, already we have seen rates drop. Get your buyers off the fence and don't miss this opportunity. I believe we are also about to be in a refinance boom. What can I do to help you?

Posted by Valerie Springer Mortgage Loan Officer Expert in Financing Purchase & Refin on 11/25/2008 02:33 PM

Comments (2)

Market Reaction in the ActiveRain Channel

interest rates, refinance, purchase, realtor, loan officer

This post has been included in Alabama Information
Post is included in group: RE/MAX Active Rain Bloggers
Post is included in group: Responsible Mortgage Lenders
Post is included in group: The FHA Mortgage Group

2 Comments on Mortgage Bonds Received a Leg-Up, Rates are Falling In Response

NOV

2008