The End of Fannie Mae and Freddie Mac By James Power The U.S. Treasury introduced its plans today to do away with troubled mortgage giants Fannie Mae and Freddie Mac in the coming years. The two firms have been the primary driving force behind the expansion of American home ownership since Fannie was founded in [...]

As the Real Estate and financial markets continue to move up and down, mortgage rates can also be affected. Since mortgage rates are more closely tied to the bond markets, an up or down move in the stock market may not have the result in mortgage rates that one might expects. In fact, many times [...]