Fannie Mae and Freddie Mac

Now that the government has bailed out Fannie Mae and Freddie Mac we may see lower interest rates for the short term. In some transactions I am currently dealing with I've seen rates drop by as many as 30 basis points. I'm not sure where rates mights fall to, but I think it is reasonable to conclude that rates may be entering a period where they stabalize. This contrasts sharply to the last few months where volatility in rates made it difficult to advise a client on when the best time to lock rates was.