Sunday, the U.S. government assumed control of Fannie Mae and Freddie Mac. The papers have done a terrific job talking about the political perspective of the takeover, and the economic perspective of the takeover, but very few people have addressed the key news for homeowners. Mortgage rates are plummeting. The reason why mortgage rates are falling […]
Government Action Lowers Mortgage Rates
September 8th, 2008 · 1 Comment
Tags: Economy · Mortgage Lending