Fannie Freddie takeover- What it means to us now:

Fannie Freddie takeover- What it means to us now:

Interest rates took a SIGNIFIGANT drop today on the heels of the Fannie Freddie takeover announced by the Government over the weekend. This is a great opportunity to call past clients and connect with them, anytime you bring a higher level of service by saving your clients money, a client will remember you for years to come and reward you with referrals.

So what does the take over mean? Simple; as of today, mortgage debt is government mortgage debt is now risk-free.  Therefore, conforming mortgage rates are down to levels we haven’t seen in years.

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