By Jimmy Kinley, Senior Mortgage Advisor Denver mortgage interest rates are unbelievable again! From October 2010 to February 2011 of this year the economy was showing signs of recovery and inflation risks were on the rise. Due to this, we saw a dramatic increase in rates in a four and a half month period. But […]
Fed Mortgages
by Nancy Deane, Colorado Express Mortgage As you know, in a truly historic event yesterday, Treasury Secretary Paulson and Federal Housing Finance Agency Director Lockhart announced that “FHFA has placed Fannie Mae and Freddie Mac into conservatorship.” The government (FHFA) will now be managing Fannie Mae and Freddie Mac for the foreseeable future. What does […]