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Mortgage Interest Rates Move Down Slightly And The Impending Takeover of Freddie Mac and Fannie Mae

By admin on August 30, 2009

Mortgage interest rates moved down slightly this week. This was a good sign since it was not preceded by any rate cuts from the FED. The 30 year mortgage rate fell from 6.52 to 6.47 and the 15 year mortgage rate fell from 6.07 to 6.00. For arms the 5 year rate fell from 6.02 [...]

Posted in Business and Finance | Tagged and, down, fannie, freddie, impending, interest, mac, mae, mortgage, move, of, rates, slightly, takeover, the | Leave a response

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