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What the Freddie, Fannie rescues mean to you Economy
score: +1
score: -1
score: 2, Economy, 2008-09-08 17:00:42, published by CNN
Mortgage applicants rejoice! The federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts say. CNNMoney.com reports rates could drop by 1 percentage point from the stubbornly-high 6.39 percent for a 30-year fixed rate ... [additional details]