There were rumours a few months back on a Freddy vs. Jason 2 on the horizon but apparently, that has been placed on hold.
A fly-on-the-wall over at New Line has informed Bloody Disgusting that NL executives are now thinking about bringing Freddy back for a new "Nightmare" film. We already know that the JvF writers are working on the Friday the 13th film which hits theaters Friday Feb 13, 2009. Now, it looks like they want to get the seperate Freddy franchise rolling again.
According to the site, they're still in the "ideas" phase of the project so they don't know which direction they want to go.