How Will the Big Mortgage Bailout Impact Iowa?
In case you missed it, on Monday KCCI had a great story to show Iowans how the recent Fannie Mae and Freddie Mac story impacts them directly. Todd Magel (KCCI Reporter) contacted me to ask my opinions on the Fannie Mae and Freddie Mac bailout.
See the story here:
KCCI Channel 8: How Will The Mortgage Bailout Impact Iowa?
What Was Said?
Some big takeaways from the story were:
- Mortgage money is cheap now! (as if it wasn’t before).
- Buyers have a lot to be excited about.
- We are again witnessing record low interest rates.
- Share holders of Fannie Mae and Freddie Mac have some wallpaper for their homes (the stock is nearly worthless now).
Thanks again to KCCI for contacting us about the story. We’re always happy to help.