Fannie Mae and Freddie Mac bailout will lower interest rates!

It turns out that some good comes from the bailout. Mortgage rates are way down and housing suddenly seems a little more affordable.

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Kellswater Bridge in Kannapolis NC

Information on the up and coming Kellswater Bridge development in Kannapolis, NC. This 400 acre, $1 billion develop promises to be the next big thing in Kannapolis NC

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Another Monday gone

Wow, Monday’s are always crazy but today was particularly busy. I think it’s been like that every Monday for abotu 6 months now but whatever, we’re staying busy. Ifeel really fortunate to have so much to do, most Charlotte Real estate agents aren’t so lucky rigt now. I can’t say that I’m thrilled to be busy [...]

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How does Fannie Mae & Freddie Mac affect Charlotte NC real estate?

 

Well, they finally did it. The Bush administration said today that they would instruct the federal government to take control of our ailing guarantors, Fannie Mae and Freddie Mac. As a result of the change, the executive and board of directors have been replaced in hopes for the greatest result of the change and to [...]

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