With 30-Year Mortgage Interest Rates Low, Is it a Buyer’s Market?

August 12, 2011

in This Week in Real Estate | Tagged , , , ,

S&P Downgrades Ratings of Fannie Mae and Freddie Mac Exactly a week ago, Standard & Poor deemed the U.S. a not-so-lucrative investment by lowering the country’s credit rating. Wall Street hated the news. If that wasn’t bad enough, S&P added more salt to the wounds on Monday by downgrading its rating of mortgage behemoths Fannie [...]