HousesforsalestaugustineBlog

At 11AM, Sunday 9/7 Henry Paulson, US Treasury Secretary announced that the Government has taken control of FNMA/FMAC.

It appears that this will make mortgages more available at a lower rate and is a very positive step in resolving our housing crisis.

This should help further stabilize housing prices and I suspect we are now approaching the market lows.

For those of you with a reasonable down payment, it makes an excellent time to look for a home.