National Associaiton of Realtors: S&P Lowers Fannie, Freddie Credit Rating


Freddie Mac said that the lower debt rating will cause “major disruptions” in its home-lending by possibly reducing the supply of mortgages it can purchase. It said in a Securities and Exchange Commission filing that the lower rating could hamper home prices and even lead to more home-loan defaults on mortgages it guarantees. 

S&P Lowers Fannie, Freddie Credit Rating.

We are in un-chartted waters.  I will continue to seek out opinions on what this may mean for the real estate market.

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