Surly

Fannie, Freddie and the 4.5% Mortgage Myth

Author def wrong about the relationship between price and mortgage rate. What does he think fueled the housing boom? Did he just wake up in september?

4.5% mortgages will buttress housing prices and it is a killer idea. Let's just hope that when the dust settles our leadership gets their $#!& together and starts fixing some underlying problems for the 5-10 year term...