mooresville: Home Buyer Benefits
- 09/12/08 04:07 AM
Takeover of Fannie Mae, Freddie Mac to Bring Short Term Benefits to Home BuyersThe federal government's takeover of secondary mortgage giants Fannie Mae and Freddie Mac should, at a minimum, benefit home buyers in the short term, according to the National Association of REALTORS®. For example, a sample of mortgage lenders recently said that rates dropped 3/8 of a point within 24 hours of the announcement, and an additional drop is expected before week's end. NAR fully supports the action of the U.S. Treasury and the Federal Housing Finance Agency and has provided a summary of the takeover and talking points … (0 comments)
Takeover of Fannie Mae, Freddie Mac to Bring Short Term Benefits to Home BuyersThe federal government's takeover of secondary mortgage giants Fannie Mae and Freddie Mac should, at a minimum, benefit home buyers in the short term, according to the National Association of REALTORS®. For example, a sample of mortgage lenders recently said that rates dropped 3/8 of a point within 24 hours of the announcement, and an additional drop is expected before week's end. NAR fully supports the action of the U.S. Treasury and the Federal Housing Finance Agency and has provided a summary of the takeover and talking points … (0 comments)
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