If you want the "cliff's notes" version, the New York Times is predicting that the government takeover of Fannie Mae and Freddie Mac will probably result in a small, temporary reduction in interest rates. The article also says that there's a possibility that loan rules could change (anyone who's tried to get a loan in the last eight months knows that this could be a VERY good thing) but if that does happen, it probably won't be until after the election.
Why would you read my blog instead of the NYT? I have no idea. But just in case you missed this one, here's a link to the entire article - http://www.nytimes.com/2008/09/08/business/08consumer.html?ref=business
That's pretty much all I have for now. I gotta run because I'm a bit backlogged after a bout with food poisoning took me out during what would have been a very busy and productive several days. I'm grateful to be back on solid food today and a bonus for my pain and suffering is that I've shed all excess body fat just in time for my neighbor's Super Sweet 32nd Birthday party this Saturday.
