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Fanni and Freddie WHO???

By
Real Estate Agent with First Team Real Estate

If you haven't been on another planet, then you are aware of all the balastic financial news that came out this week, and it is only Thursday!

With the take over of the 2 financial giants, lowering of interest rates, and more loans available for buyers, maybe we can get the country back on track and make the American dream possible again.

For 30 years I have been riding the merry go round of real estate and I have found their is no brass ring, just hard and dedicated work. Now with the Feds help, maybe we can all get back to business and help pull this country out of mess the secondary market created.

I live near one of the top areas in So Calif for foreclosures and short sales - The Inland Empire. It has gotten so bad out there the agents don't even want to show property, quite frankly it is depressing.

I, like the rest of you, are holding my breath for all the people in financial trouble and hope some of the programs can help them keep their homes and put the teetering economy on the road to recovery.