All Commentary
Friday, March 4, 2011

Analysts Contemplate Mortgages after Freddie, Fannie


“How might home buying change if the federal government shuts down the housing finance giants Fannie Mae and Freddie Mac? The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the 1950s, could become a luxury product, housing experts on both sides of the political aisle say.” (New York Times)

The cost of government giveaways is always too high.

FEE Timely Classic
“Can the Feds Save the Housing Market?” by Robert P. Murphy