phil from Edmond

Quantitative Easing and the Disappearance of Income

Did you notice that Fannie and Freddie published the rules governing their upcoming refinancing campaigns. Although initial reports suggested that the refis would be owner occupied primary residences, the guidelines say second homes and small rental properties are eligible, provided their mortgages already are in FanFred portfolios. Reported by Kenneth Harney "The Nation's Housing". More support for the housing market.