Edward Pinto, former Chief Credit Officer at Fannie Mae (1987-1989), and now resident fellow at the American Enterprise Institute, thinks the Fed is blowing it — another bubble, that is.
Me, too, but probably not in the Oklahoma City area.
Once again, we are thankfully out of step with the national housing news. It *is* increased jobs and general economic growth that are supporting housing here, in my humble estimation. Low loan rates are the grease on the griddle.
What do you think?