Mortgage News.. Effects of Freddie and Fannie
Fannie, Freddie to start buying back bad loans – Yahoo! News.
So more news on the Freddie and Fannie front.. How will this effect the market? They are going to buy back some of the mortgages they sold on the secondary market.
What does this mean? Well most likely more short Sales in Utah, and More Foreclosures in Utah..
Free Bank Foreclosure List Salt Lake City Utah
The other effect that is still yet to be determined will be on the Interest rate front. What will happend to Interest Rates? Many individuals argue over the reality of this issue. If you want more information on the outlook for interest rates in 2010 I would check out this article
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