Fannie and Freddie Takeover Improves Rates

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Fishers Real Estate News

This is just a short post, but due to the Fannie and Freddie takeover interest rates have sharply improved over the past few days.  Right now you can snatch a 30 year fixed for 6% or under.  It might be a good time to pull the trigger or at least lock your rate as the market is extremely fickle and who knows what tomorrow will bring. 

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Date: Thursday, September, 11th 2008 @ 12:18:36 PM
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This blog entry currently has 4 comments posted.

Ki

Mortgage rates have been looking pretty nice recently. I have been looking for properties recently. I am a little worried rates are going to go back up in a few months.

Posted on 2008-09-14 22:02:16

Lorin Martin

Hopefully something will get us out of the rut in real estate. It really is a great time to buy a home, but what people keep hearing on the news is making them think otherwise. Can't wait for the turn around.

Posted on 2008-09-16 15:01:14

Laurie

i don't think we are going to be getting any good news soon, things seem to be going from bad to worse, and some experts i have heard are talking about a total global economic meltdown. But who knows? Certaintly a good time to be buying property and gold now.

Posted on 2008-09-21 17:05:54

Mike Taylor

The good news for us here in Indianapolis is that we didn't see those crazy increases in prices that other parts of the country did. As a result, things are still relatively stable.

Posted on 2008-09-21 17:16:44

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