WeezieBenobi

What Kind of Government Support Will Fannie and Freddie Get?

Kindly explain the reaction by the TNX when the rumor circulated about FNE/FNM having access to the Fed window.

The bond market was not amused.

Housing Market Tracker - Even Mortgage Brokers Want to Stop Foreclosures

I agree with you gordon. I'd love to live in a $500K home too (in Austin, TX, you can get one heck of a home for that), but no, my husband and I got a home that has a payment that is only 13.8% of our income (that's mortgage, taxes and insurance all together, by the way) so that we can have a bit of breathing room and actually have a retirement savings, savings for our kid's college and 6 months savings in case of an emergency. I'm really p***ed that my taxes will go up and inflation through the roof, destroying all that I've worked for. I'm tired of being screwed for doing the right thing.