Shockwaves from the federal takeover of mortgage giants Fannie Mae and Freddie Mac are still rumbling through the economy as a whole and the housing sector in particular.But what’s the government’s move going to mean for the real estate market? Well, it hasn’t taken long to get at least a preliminary answer: Mortgage rates dropped […]

(09-07) 17:49 PDT — The federal government took control of Fannie Mae and Freddie Mac on Sunday in a bid to keep the two mortgage giants from failing, catastrophes that would have made home loans harder to get and taken the nation’s housing collapse to a new level of crisis. The government agreed to pump […]