Learn Something New Every Day …

This, in a USA Today story about the 30-year mortgage rate hitting a new record low, caught my eye (emphasis mine):

Mortgage buyer Freddie Mac says the average rate on 30-year loans fell to 3.56%. That’s down from 3.62% last week and the lowest since long-term mortgages began in the 1950s.

My immediate . . . → Read More: Learn Something New Every Day …

Freddie Mac CFO — Apparent Suicide

Freddie Mac’s Acting CFO David Kellerman, age 41, has been found dead in his home this morning in an apparent suicide.

I wonder if Senator Charles Grassley (R-IA) will now step forward to cite Mr. Kellerman’s example with approval.

Fannie Mae & Freddie Mac in Trouble

Most people living in the US are fully aware that we are currently in the middle of a crisis. What kind of crisis is a more slippery sort of topic, but even the most optimistic (read: delusional) pundits tend to agree this crisis has something to do with money, and that it started a . . . → Read More: Fannie Mae & Freddie Mac in Trouble