So it’s official!! This morning the Secretary of The Treasury announced that Fannie Mae and Freddie Mac were being put into conservatorship because they are not capable of operating in a safe and productive manner on their own.

I have read several blogs today about this subject and it can be a little confusing.  Most are saying it should bring interest rates down. Some are saying it will cost the taxpayers, some are saying it’s a great thing and others are saying it’s the worst.  What I do know is the market is in need of some help with all the foreclosures, homeowners upside down with their home value and buyers still sitting on the fence. It seems to me that if your thinking of makeing a move, now would be a great time.