T.G.I.F.

Good morning everyone,

Quick blurb about this weeks mortgage rates. The Federal Reserve launched a bold $1.2 trillion effort yesterday to lower rates on mortgages and other consumer debt, spur spending and revive the economy. To do so, the Fed will spend up to $300 billion to buy long-term government bonds and an additional $750 billion in mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.

Enjoy this weeks video on President Barack Obama chat's with Jay Leno!!!