What does the takeover of Fannie Mae and Freddit Mac mean for all of us?
The feds want mortgages to remain available at good rates to creditworthy borrowers. That's good news. But don't expect easier jumbo mortgages or home equity loans.
See what one expert, Holden Lewis for Bankrate.com has to say: http://articles.moneycentral.msn.com/Banking/HomeFinancing/How-the-Fannie-and-Freddie-takeover-affects-you.aspx
