Mortgage rates plunge this week
Long-term impacts of Fannie-Freddie bailout remain to be seen
By Inman News, Thursday, September 11, 2008.Bookmarking Sites
Interest rates for 30-year fixed-rate mortgages dipped below 6 percent for the week ending Sept. 11, as investors who buy securities that fund loans reacted to a government bailout plan that includes explicit backing of the debt of mortgage financiers Fannie Mae and Freddie Mac.
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