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Danger, Danger US Taxpayer!

In the stealth of a Holiday Eve the Treasury announced unlimited Treasury support for Fannie Mae and Freddie Mac over the next three years.  The details are covered in this Wall Street Journal article and elsewhere, but all you need to know is that this means more danger for the tax payer.  It also signals a need to keep a close watch on mortgage rates as they may creep up.  More danger for potential homebuyers and the economy. 

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