Freddie & Fannie: What’s the Bailout Mean?

Unless you’ve been under a financial rock the past week or so, doubtless you know of the federal government’s announcement that it would bail out two of the nation’s largest mortgage holders (by some accounts, they hold 50% of all mortgages in the U.S.), Freddie Mac and Fannie Mae.
But what does this mean for buyers? [...]

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