How Is the Fannie Mae or Freddie mac bailout going to effect new FHA loans?

Is it going to be harder for first time home buyer to get approved for home loans

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    One Response to “How Is the Fannie Mae or Freddie mac bailout going to effect new FHA loans?”

    1. don1862 says:

      The effect on FHA loans will be minimal. Today, rates on all mortgages decreased, which would help FHA borrowers just like any other borrowers. Most FHA loans are financed by Freddie and Fannie’s cousin Ginnie Mae.

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