Tug Of War Over Mortgage Rates
Friday, January 20, 2012 | Comments Off
Image by Getty Images via @daylife
The Federal Reserve may again exercise it’s power to drive down mortgage rates in order to stimulate the economy, but any savings for homebuyers may be at least partitally offset by a new law that raises Fannie Mae and Freddit Mac’s guarantee fees and diverts that money to the Treasury.
