[LA_Renter]

The USA Today Gallup poll is more than likely an outlier. Rasmussen daily tracker is better gauge followed by the Gallup daily tracking. Rasmussen has McCain up 1 point M 48 O 47. All interviews were taken after the GOP Convention.

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

With the “right track wrong track” numbers such as they are you would think Obama would be further ahead. It makes me wonder if the electorate is weary of another round of One Party Rule.

[LA_Renter]

The USA Today Gallup poll is more than likely an outlier. Rasmussen daily tracker is better gauge followed by the Gallup daily tracking. Rasmussen has McCain up 1 point M 48 O 47. All interviews were taken after the GOP Convention.

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

With the “right track wrong track” numbers such as they are you would think Obama would be further ahead. It makes me wonder if the electorate is weary of another round of One Party Rule.

[LA_Renter]

The USA Today Gallup poll is more than likely an outlier. Rasmussen daily tracker is better gauge followed by the Gallup daily tracking. Rasmussen has McCain up 1 point M 48 O 47. All interviews were taken after the GOP Convention.

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

With the “right track wrong track” numbers such as they are you would think Obama would be further ahead. It makes me wonder if the electorate is weary of another round of One Party Rule.

[LA_Renter]

The USA Today Gallup poll is more than likely an outlier. Rasmussen daily tracker is better gauge followed by the Gallup daily tracking. Rasmussen has McCain up 1 point M 48 O 47. All interviews were taken after the GOP Convention.

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

With the “right track wrong track” numbers such as they are you would think Obama would be further ahead. It makes me wonder if the electorate is weary of another round of One Party Rule.

[LA_Renter]

The USA Today Gallup poll is more than likely an outlier. Rasmussen daily tracker is better gauge followed by the Gallup daily tracking. Rasmussen has McCain up 1 point M 48 O 47. All interviews were taken after the GOP Convention.

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

With the “right track wrong track” numbers such as they are you would think Obama would be further ahead. It makes me wonder if the electorate is weary of another round of One Party Rule.

[LA_Renter]

Here is the MSM take, this from the AP

http://biz.yahoo.com/ap/080907/mortgage_giants_consumer_impact.html

“By placing Fannie and Freddie into a conservatorship, the government is promising investors that the companies’ debt is as safe as the Treasury Department’s.

While not a cure-all, the bailout is still a step in the right direction, industry observers say. It will at least “keep the lanes in the mortgage freeway open,” said Greg McBride, a senior financial analyst at Bankrate.com, possibly putting the market on the road to recovery.

If mortgage rates fall, that will attract more potential buyers into the market, which, in turn, will help to prop up home prices, he said.

He expects mortgage rates on a conventional, 30-year fixed-rate home loan to fall over the next few weeks as the dust settles on the bailout. Rates, which now average 6.35 percent, could fall as much as half a percentage point, he said. But continued investor wariness and a depreciating housing market will keep rates from dropping further.

“We’re not looking at sunshine and daffodils in the housing market anytime soon,” he said.”

This will probably have a bigger impact in the middle part of the country. If you ask me California is still toast.

[LA_Renter]

Here is the MSM take, this from the AP

http://biz.yahoo.com/ap/080907/mortgage_giants_consumer_impact.html

“By placing Fannie and Freddie into a conservatorship, the government is promising investors that the companies’ debt is as safe as the Treasury Department’s.

While not a cure-all, the bailout is still a step in the right direction, industry observers say. It will at least “keep the lanes in the mortgage freeway open,” said Greg McBride, a senior financial analyst at Bankrate.com, possibly putting the market on the road to recovery.

If mortgage rates fall, that will attract more potential buyers into the market, which, in turn, will help to prop up home prices, he said.

He expects mortgage rates on a conventional, 30-year fixed-rate home loan to fall over the next few weeks as the dust settles on the bailout. Rates, which now average 6.35 percent, could fall as much as half a percentage point, he said. But continued investor wariness and a depreciating housing market will keep rates from dropping further.

“We’re not looking at sunshine and daffodils in the housing market anytime soon,” he said.”

This will probably have a bigger impact in the middle part of the country. If you ask me California is still toast.

[LA_Renter]

Here is the MSM take, this from the AP

http://biz.yahoo.com/ap/080907/mortgage_giants_consumer_impact.html

“By placing Fannie and Freddie into a conservatorship, the government is promising investors that the companies’ debt is as safe as the Treasury Department’s.

While not a cure-all, the bailout is still a step in the right direction, industry observers say. It will at least “keep the lanes in the mortgage freeway open,” said Greg McBride, a senior financial analyst at Bankrate.com, possibly putting the market on the road to recovery.

If mortgage rates fall, that will attract more potential buyers into the market, which, in turn, will help to prop up home prices, he said.

He expects mortgage rates on a conventional, 30-year fixed-rate home loan to fall over the next few weeks as the dust settles on the bailout. Rates, which now average 6.35 percent, could fall as much as half a percentage point, he said. But continued investor wariness and a depreciating housing market will keep rates from dropping further.

“We’re not looking at sunshine and daffodils in the housing market anytime soon,” he said.”

This will probably have a bigger impact in the middle part of the country. If you ask me California is still toast.

[LA_Renter]

Here is the MSM take, this from the AP

http://biz.yahoo.com/ap/080907/mortgage_giants_consumer_impact.html

“By placing Fannie and Freddie into a conservatorship, the government is promising investors that the companies’ debt is as safe as the Treasury Department’s.

While not a cure-all, the bailout is still a step in the right direction, industry observers say. It will at least “keep the lanes in the mortgage freeway open,” said Greg McBride, a senior financial analyst at Bankrate.com, possibly putting the market on the road to recovery.

If mortgage rates fall, that will attract more potential buyers into the market, which, in turn, will help to prop up home prices, he said.

He expects mortgage rates on a conventional, 30-year fixed-rate home loan to fall over the next few weeks as the dust settles on the bailout. Rates, which now average 6.35 percent, could fall as much as half a percentage point, he said. But continued investor wariness and a depreciating housing market will keep rates from dropping further.

“We’re not looking at sunshine and daffodils in the housing market anytime soon,” he said.”

This will probably have a bigger impact in the middle part of the country. If you ask me California is still toast.

[LA_Renter]

Here is the MSM take, this from the AP

http://biz.yahoo.com/ap/080907/mortgage_giants_consumer_impact.html

“By placing Fannie and Freddie into a conservatorship, the government is promising investors that the companies’ debt is as safe as the Treasury Department’s.

While not a cure-all, the bailout is still a step in the right direction, industry observers say. It will at least “keep the lanes in the mortgage freeway open,” said Greg McBride, a senior financial analyst at Bankrate.com, possibly putting the market on the road to recovery.

If mortgage rates fall, that will attract more potential buyers into the market, which, in turn, will help to prop up home prices, he said.

He expects mortgage rates on a conventional, 30-year fixed-rate home loan to fall over the next few weeks as the dust settles on the bailout. Rates, which now average 6.35 percent, could fall as much as half a percentage point, he said. But continued investor wariness and a depreciating housing market will keep rates from dropping further.

“We’re not looking at sunshine and daffodils in the housing market anytime soon,” he said.”

This will probably have a bigger impact in the middle part of the country. If you ask me California is still toast.

[LA_Renter]

“House prices will rally for a while.”

OR

more than likely the rate of price declines may slow. Lets see what the unintended consequences are first. In many ways japan basically did the same thing we are doing now. Lets take all this bad paper and pretend it is not there. Yet Japanese land values continued to tank and they faced what is now called the “Lost Decade”.

[LA_Renter]

“House prices will rally for a while.”

OR

more than likely the rate of price declines may slow. Lets see what the unintended consequences are first. In many ways japan basically did the same thing we are doing now. Lets take all this bad paper and pretend it is not there. Yet Japanese land values continued to tank and they faced what is now called the “Lost Decade”.

[LA_Renter]

“House prices will rally for a while.”

OR

more than likely the rate of price declines may slow. Lets see what the unintended consequences are first. In many ways japan basically did the same thing we are doing now. Lets take all this bad paper and pretend it is not there. Yet Japanese land values continued to tank and they faced what is now called the “Lost Decade”.

[LA_Renter]

“House prices will rally for a while.”

OR

more than likely the rate of price declines may slow. Lets see what the unintended consequences are first. In many ways japan basically did the same thing we are doing now. Lets take all this bad paper and pretend it is not there. Yet Japanese land values continued to tank and they faced what is now called the “Lost Decade”.

[LA_Renter]

“House prices will rally for a while.”

OR

more than likely the rate of price declines may slow. Lets see what the unintended consequences are first. In many ways japan basically did the same thing we are doing now. Lets take all this bad paper and pretend it is not there. Yet Japanese land values continued to tank and they faced what is now called the “Lost Decade”.

[Author]

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