Can I help you? No, we don't sell pesto sausage, but we do have little weenies.

Jul 2, 2008

Shocked, shocked, I tell you.

The Washington Post reports Obama received a “discount” interest rate on his home mortgage loan. “He locked in an interest rate of 5.625 percent on the 30-year fixed-rate mortgage, below the average for such loans at the time in Chicago.”
I did my own research, and guess what I found. Are you ready?

Fully half of the mortgages at the time were below average!!!!!!!!!!!!
Math much?

And not only that, all the mortgage rates were locked in within two weeks of a full moon, on a day with a "y" in the name.




5 comments:

FranIAm said...

You hate America and all that it stands for, don't you?

hee hee, what a world.

Actually, it is not funny, is it?

two crows said...

a below average mortgage rate -- and this guy wants to be PRESIDENT???

well, he just lost _my_ vote!
I only want someone who's too stupid to shop around for the best rate! THAT'S the D'uhmerkin way, after all.

DCup said...

Were Obama a Republican, he'd be lauded as a shrewd businessman.

pissed in NYC said...

DCup: If Obama was a republican, there wouldn't have been a mortgage.

Suzy said...

I hates the mainstream media.