Friday, September 12, 2008

Most Mortgage Rates Dip to Spring Levels under Federal Conservatorship

In its first week at least, the conservatorship of Freddie Mac and Fannie Mae accomplished one part of the hoped-for effect; longer term mortgage rates plunged to levels not seen for months. Freddie's Primary Mortgage Market Survey for the week ended September 11 (which includes the four business days since Sunday's ...

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