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To: what's up

Could you please detail step by step how this plan will decrease mortgage rates? I’m a bit lost by your assertion.


90 posted on 09/07/2008 4:07:49 PM PDT by Freedom_Is_Not_Free
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To: Freedom_Is_Not_Free
Fannie-Freddie debt has been holding up interest rates.

This backing of their debt will lower the yields on their bonds and ease down mortgage rates overall.

105 posted on 09/07/2008 4:43:37 PM PDT by what's up
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