09-08-2008, 09:51 PM | #1 |
Demiurge
Join Date: Aug 2005
Posts: 36,368
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i just read that mortgage rates will go down by a point
because of the fannie and freddie buyout.
That's got to be very bad news in the short-term for mortgage people. As people wait it out, waiting for the rates to fall. |
09-08-2008, 09:52 PM | #2 |
Senior Member
Join Date: Jan 2006
Location: Utah
Posts: 5,741
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They dropped drastically this morning and my phone has been ringing off the hook, so it has actually been pretty good so far.
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09-08-2008, 09:52 PM | #3 |
Demiurge
Join Date: Aug 2005
Posts: 36,368
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Never mind.
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