RECENT BLOG POSTS
What does this mean that Fannie and Freddie were bailed out by the Federal Government over this past weekend?I'm not going to go over all of the details but just try to hit some "high points."So, here goes:1. The Federal government now owns 80% of Fannie and Freddie. That means that the sharehold...
1. I've already heard that a lot of economist are saying that there could be a significant drop in mortgage rates. I'm not so convinced that we're going to see THAT BIG of a drop for a couple of reasons: The US Government just became on the hook for an additional $5 Trillion in debt and that will...