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AEM Mortgage Minute with Deanna Daughhetee

The Government Steps In
Tuesday, September 23, 2008

You’ve probably heard about the federal government’s recent takeover of mortgage giants Freddie Mac and Fannie Mae. The media reports have largely dwelled on the specifics of the government takeover, but haven’t spent much time explaining what this means for homeowners.

The government’s takeover of Freddie and Fannie will provide more Americans with better access to mortgage loans. It has also resulted in lower interest rates, making these loans more affordable. If you have been thinking about refinancing your mortgage, now is the ideal time to take action.

As an FHA-approved lender, we excel at helping homeowners achieve their financial goals. Call or apply online today to learn how we can help you, too.