FHA Home Mortgage Loan Interest Rates

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1. The Automatic Earth: February 22 2010: The scraps off the table ...

   When I look at the US, I think it would be a very good thing if Washington included all its liabilities in future budgets, up to and including Fannie Mae, Freddie Mac, Ginnie Mae, FHLB and FHA, since that would provide a much clearer (dare I say honest?) picture of where the country stands. ...... States face budget holes totaling $134 billion over the next three years, according to the governors, who explained that tax collections keep declining as Medicaid costs soar. ...

1. Stingy News Article Link: "Bad timing eats away at investor returns"

   Now, as prices soar on every material from oil to corn, some suggest there's a bubble in commodities. But how and why do bubbles form? Economists traditionally haven't offered much insight. From World War II till the mid-1990s, .... The House Financial Services Committee has proposed letting the FHA underwrite up to $300 billion in loans to borrowers. The last time the federal government stepped so directly into the mortgage business was at the bottom of the Great ...

1. The Housing Bubble Blog » Bits Bucket For February 13, 2010

   Why not just slap a taxpayer-provided guarantee on all credit card debt, similar to federal guarantees of FHA loans? That way, nobody will have to pay those unfair 79.9% interest rates on debt that is rightfully their money to spend and never repay. Reply to this comment ...... Total spending, including interest on the debt, would be limited to 19 percent of GDP, and the debt would be allowed to soar because there would be no limits on spending on those age 55 and over. ...