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 »
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    Gary Lucido

    After 20 years in the corporate world and running an Internet company, Gary started Lucid Realty with his partner, Sari. The company provides full service, while discounting commissions for sellers and giving buyers rebates.

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