Guest post detailing mortgage rates, and how they are currently hovering at a low rate.
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Now that the housing crisis is fully a political issue, what are the candidates saying, and waht may we expect to happen to Fannie and Freddie.
Fannie Mae and Freddie Mac are said to end up under government control today due to accounting which hid problems with their abilities to handle our financial storm. Maybe it is time to consider more accountability for firms reporting financial numbers.
The problems at Fannie Mae and Freddie Mac are being causes by reactive investors, who are not looking at the details, while InndyMac’s fall is hastened by our own actions. There is a way to get by in a Bear market though.