Mortgage rates go down following Freddie & Fannie takeover
Mortgage interest rates are down from a week ago after the government’s takeover of Fannie Mae and Freddie Mac. 30-year fixed mortgage rates are being reported at an average of 5.88 percent, down from 6.26 percent a week ago. While
Credit Score and Mortgage Rates
Your credit score is becoming increasingly important when it comes to securing an attractive mortgage rate. Due to the sharp rise in foreclosures, mortgage lenders have tightened their standards. In the past a person could qualify for the best rates
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