Fannie & Freddie taken over - so now what?

This is clearly the biggest question as it relates to the real estate, and in particular for individuals like me as a loan officer, the mortgage industry. 

All I can say is, that the future is impossible to predict - rates can change at any time and are based on a myriad of factors (credit score, downpayment, etc.).  That said, the last couple of days, the rates did fall for loan amounts up to the temporary conforming loan limit of $729,750.  Check with your loan officer to see if / how the gov’t takeover of Fannie & Freddie affects you based on your individual situation, because each situation is different. 

Daniel