The Fannie Mae/Freddie Mac takeover has proved excellent for interest rates.  I’m quoting my clients about a half a percent less than I was just 1 week ago on any given loan product.  Both national and foreign investors are buying mortgage bonds in full force because they know that the government is backing the bonds.  As there’s more positive movement and purchasing in the bond market, interest rates improve, which means great refinancing opportunities for homeowners and more purchasing power for buyers.  Call or email directly for a rate quote for your specific situation.