Saturday, June 12, 2010

Interest Rates may be goin up !

RISMEDIA, March 20, 2010—(MCT)—As the spring real estate season kicks in and the tax credit deadline for sale agreements approaches, the government is ending a program that has kept interest rates low and housing-affordability levels high for months. The Federal Reserve will stop buying mortgage-backed securities from Fannie Mae and Freddie Mac, returning control of interest rates to private investors. If you’ve been thinking of buying, you may want to make that move now …www.CREBR.com

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