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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.

Graph courtesy of Zillow Mortgage Market.
September 8, 2008 · Filed Under Forecasts, Mortgages, National News
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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!
Did I say is? I meant was : )