Jay HinrichsPosterPremium#1 All Forums Contributor
- Real Estate Broker
- Lake Oswego OR Summerlin, NV
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Suspension of the 7% rule for FAnnie Freddie is HUGE
Read this morning that through intense lobbying by the mortgage industry ( some one got through to someone to talk sense into them)
the govmit suspending the 7% rule this should put some downward pressure on Investor and second home interest rates.. Or at least I would think so.