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Mortgage Rates Rise Again, As The Fed Lowers Interest Rates

Mortgage Rates Rise Again, As The Fed Lowers Interest Rates

by Mac Slavo | Nov 6, 2019 | Experts, Headline News

Mortgage rates are on the rise even though the Federal Reserve lowered interest rates once again recently. The 30-year fixed-rate mortgage averaged 3.78% during the week ending October 31. That’s up three basis points from the previous week. It’s the first time...
Bailout is Back: Fannie and Freddie Likely Need “Additional Treasury Investment” After Derivatives Losses

Bailout is Back: Fannie and Freddie Likely Need “Additional Treasury Investment” After Derivatives Losses

by Mac Slavo | Mar 19, 2015 | Commodities, Conspiracy Fact and Theory, Headline News

There is trouble again for federal mortgage backers and bailout queens Fannie Mae and Freddie Mac, whose failures helped to trigger the housing market collapse and subsequent 2008 economic crisis. The government enterprises are again turning their lowest profits since...

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