Mortgage Dave's WA Blog

Hello,  your Red Headed Mortgage Guy, Dave offering some interesting information. I got this from one of my news sources that I found as an interesting read...ENJOY!  What is the agent/broker on the street saying? "The bigger problem that continues to persist is the expectancy of rates to drop.  ...

Hello Everyone, this is your RED-headed Mortgage Guy with news you can use. The BIG news that hit the market in the last 24 hours was that The Fed's plan to buy up to $300 billion of long-term government bonds and $750 billion in additional mortgage-backed securities guaranteed by Fannie Mae and ...