Short-Term Bounce Effect of Fannie-Freddie Takeover

Investors are feeling bullish today as the market rallies in AM after news of the FNMA/FDMC takeover.

Could be a good day to lock rates.

Zillow Mortgage - Oregon rates

Graph courtesy of Zillow Mortgage Market.

September 8, 2008 · Filed Under Forecasts, Mortgages, National News

Comments

2 Responses to “Short-Term Bounce Effect of Fannie-Freddie Takeover”

  1. Corri Klebaum on September 8th, 2008 3:24 pm

    Don’t you just love the mentality? Hmmm, we can’t make the payment on the first mortgage so let’s take out a second to float us until we are tapped out again : ) Same difference.

    And yes today is a very good day to lock!

  2. Corri Klebaum on September 8th, 2008 3:29 pm

    Did I say is? I meant was : )

Leave a Reply




CAPTCHA Image
*