Mortgage rates drop after Fannie, Freddie takeover

Tuesday, September 9, 2008

WASHINGTON — Mortgage rates fell sharply Monday as investors reacted to the government's takeover of Fannie Mae and Freddie Mac. And that's exactly what homeowners like Jim Chereskin had been waiting for.

To continue reading
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.