So, what used to be 1% is now 2.5%. Sure, it SOUNDS like just a bit more – but it has a large effect on all other new mortgage rates. It also shows that the vaunted recovery touted by Obama is not as strong as years before (which was pretty much steady-state before the community activists starting knuckling banks via CRA). But it gets worse:
(H/T: AEIdeas)
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Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.
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