Mortgage rates plunge this week

Long-term impacts of Fannie-Freddie bailout remain to be seen

Inman News

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.

more...

To continue reading sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95