Posts tagged "Financial reform"

Will Financial Reform Increase Mortgage Rates?

  Mortgage rates are at absolutely stupid levels right now – the lowest in decades. Bankrate.com is reporting 4.51% for 30 year fixed mortgages and 3.51% for 5 year ARMs. Recently, these rates have been depressed by the United States’ reputation as a safe haven in a time of increasing uncertainty in Europe. However, do... Read more »

Where Is The Financial Reform Of Fannie And Freddie?

Noticeably absent from the financial reform bill passed yesterday is any reform of perhaps the biggest culprits of the mortgage crisis – Fannie Mae and Freddie Mac. The politicians have been talking about getting back the TARP funds from the banks but as far as I know they got back a nice return from all... Read more »