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Now.....I Understand!
Are you like me? Do you get tired of trying to read through all the media hoopla to figure out the real bottom line? Does it feel like deciphering code? I'm not dumb, just lazy sometimes I guess. I'd like to read about things like the Fannie Mae/Freddie Mac takeover in terms that are simple to understand and find out quickly what all this means to me.
Bill Stanley, who was my real estate Broker for many years, has a knack for deciphering this code and putting things into words I can understand quickly and easily. I emailed Bill and asked him to explain this FM/FM information to me so that I could explain it to those of you like me who don't have the time or inclination to pour over all the details provided by the media.
This is his reply...Thanks Bill! You'll Always Be The Best!
Kimberly,
I believe the "jury is still out" on this one actually. I think for the short term this will free up capital for purchasers and will lower the interest rate for a short period of time, but I do believe they will rise over the long term. The importance of this move cannot ... more

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