Mortgage Rates Drop To Lowest Level In
Nearly 3 Years As Trump Orders Buying
Of $200 Billion In Mortgage Bonds
Posted By: J. Arthur Brown, 1/9/2026 9:37:48 PM
Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. (snip) The rate on a 30-year mortgage dropped 22 basis points to 5.99, matching the low from Feb. 2, 2023. according to Mortgage News Daily.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
Below, you will find ...
Most Recent Articles posted by "J. Arthur Brown"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
J. Arthur Brown"
"Civil Death" was a punishment under ancient French law (snip) that extinguished the legal personality of the convicted individual: loss of property, family rights, and civil existence, while leaving the person alive. (snip) The case of Swiss Colonel Jacques Baud, who has been struck with civil death by the EU, first caught my attention. By a sovereign decision dated December 15, 2024, the EU banned Mr. Baud from its territory and "froze" all his assets. (snip) On October 8, 2024 the EU granted itself the power to ban from its territory all individuals who (snip) facilitate the "manipulation of information and interference."
MAGA is suspicious of private equity [PE]. J. D. Vance says private equity is to blame for the housing crisis. Sen. Josh Hawley accuses these firms of "strip mining" the American economy. (snip) One of the most pernicious effects of PE intrusion is found in health care. A new report, compiled by the Bull Moose Project, uncovers how PE's influence has interfered with cancer care. "What was once a largely physician-led field has been rapidly consolidated into investor-controlled networks that span oncology clinics, imaging centers, specialty pharmacies, and billing operations," the report states.
President Donald Trump is calling for a 10% cap on credit card interest rates for one year, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers. (snip) Mr. Trump said the cap on interest rates should begin on Jan. 20, 2026, or the one-year anniversary of his second inauguration. Credit card interest rates currently average over 20%, according to Federal Reserve statistics, so a 10% cap would represent a significant cut in borrowing costs.
Jack Smith Team Approved $20K Payment
To Informant To Snitch On Trump Team During
Arctic Frost Case 2 replies
To Informant To Snitch On Trump Team During
Arctic Frost Case 2 replies
Then-Special Counsel Jack Smith's office approved paying $20,000 in 2023 to a confidential human source in the controversial FBI investigation code-named Arctic Frost (snip.) The revelation is included in a tranche of new memos that FBI Director Kash Patel turned over to Congress this week (snip.) There have long been rumors of an informant that the FBI used to build the Arctic Frost case, and the new memos are certain to spur intrigue as to the person's identity and whether they were a Trump insider.
Democrats Once Recognized 'Dangerous Situations"
For Officers, But Now Back Away After
ICE Shooting 2 replies
For Officers, But Now Back Away After
ICE Shooting 2 replies
After an immigration officer shot and killed a woman in Minneapolis who federal authorities say tried to use her car as a weapon, Democrats are saying the officer used excessive and improper force. This break is a 180 degree turn from the attitude they had under the Obama Administration (snip) [when] Customs and Border Patrol (snip) released new guidelines for agents on the use of force. (snip) "[A]gents shall not discharge their firearms at a moving vehicle unless the agent has a reasonable belief, based on the totality of circumstances (snip) that deadly force is being used (snip) includ[ing] a moving vehicle aimed at agents (snip.)"
The woman shot and killed by a Federal immigration agent Wednesday was a member of a group focused on disrupting ICE enforcement (snip.) Federal officials told Fox News that Good had followed agents to two separate locations before the shooting and was "blocking the roadway to interfere with ongoing enforcement in the area." That assertion appears to line up with witness testimony (snip) "They (ICE) clearly wanted her out of there because she was the main car leading the protest . . . she was very successful in blocking traffic, she was doing what she set out to do (snip.)"
The Minnesota Fraternal Order of Police (MNFOP) released a statement Thursday with the heading "FOP Stands With ICE." The statement said, in part: "The Minnesota Fraternal Order of Police stands with the men and women of law enforcement across this country. Over the last month, while Federal law enforcement has been doing their job in Minnesota, political and community leaders have condemned and vilified them. The hateful and anti-law enforcement rhetoric by Mayor Frey and other politicians have made their jobs an those of state and local law enforcement more difficult."
Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. (snip) The rate on a 30-year mortgage dropped 22 basis points to 5.99, matching the low from Feb. 2, 2023. according to Mortgage News Daily.
Alpha News has obtained cellphone footage of the Ice-involved shooting that took place in Minneapolis. The footage was filmed by the federal agent involved in the incident. (snip) Democrats, who have routinely demonized ICE, have criticized the federal government's explanation of the incident. Now Alpha News has obtained a new video which shows the first-person perspective of the ICE agent who was at the center of the event. The 47-second clip provides an up-close view off what happened that day.
Philadelphia sheriff Rochelle Billal slammed U.S. Immigration and Customs Enforcement as "made up, fake, wannabe law enforcement," asserting that ICE's actions violate both "legal law" and "moral law." Philadelphia District Attorney Larry Krasner warned that law enforcement officials who commit crimes will be arrested and charged. "So I'm with the DA, Bilal declared. "You don't want this smoke. Cuz we will bring it to you," Bilal said. In a dig at President Donald Trump she warned that "the criminal in the White House would not be able to keep" ICE agents from heading to jail.
Jeremy Christenson, a former Homeland Security Investigations (HSI) agent, joined Liz Collin on her podcast and explained how cases of cash smuggling and fraudulent daycare centers were ignored by prosecutors. (snip) Christenson said many of the cases he investigated "went away into thin air." (snip) Christenson told Collin that "around 2015, a [daycare] case landed on my desk (snip.) They were setting up sham daycares, fake bills, fake students, just enrolling students who never came" (snip.) But what happened next has bothered Christenson ever since. He said the investigative task force "all of a sudden, it just evaporated -- just went away into thin air."
Julie Su was just appointed as Deputy Mayor of New York City for Economic Justice (snip.) Her new title is appropriate given her nefarious history as California Labor Secretary, presiding over mass unemployment welfare fraud. (snip) Under Su's leadership, more than $55 billion [in pandemic unemployment payments] was sent to prison inmates in California's county jails, and state and federal prisons, out of state, and even out of the country, while legitimate claimants were stiffed for months or received late payments.
Most Active Articles (last 48 hours)
Bill and Hillary Clinton face contempt
of Congress for dodging on Epstein subpoenas again 20 replies
of Congress for dodging on Epstein subpoenas again 20 replies
Bill and Hillary Clinton are facing contempt of Congress charges if they don’t appear before a House committee next week to testify in the Jeffrey Epstein investigation.
The couple was originally scheduled to testify before the House Oversight Committee in December but those appearances were moved to January 13 for him and the 14th for her at the request of the couple, who cited a conflict.
But now they haven’t confirmed they will be there next week. And Rep. James Comer (R-Ky.), the chairman of the panel, said he’ll slap them with contempt if they don’t show.
Donald Trump has ordered his special forces commanders to draw up a plan for the invasion of Greenland - but is being resisted by senior military figures, The Mail on Sunday has learned.
Sources say that the policy 'hawks' around the US President, led by political adviser Stephen Miller, have been so emboldened by the success of the operation to capture Venezuela's leader Nicolas Maduro that they want to move quickly to seize the island before Russia or China makes a move.
British diplomats believe that Trump is also motivated by a desire to distract American voters from the performance of the US economy before the mid-term elections
Congress is debating the possible consequences
for ICE and even Noem after Renee Good’s killing 18 replies
for ICE and even Noem after Renee Good’s killing 18 replies
WASHINGTON — The killing of a Minnesota woman by an Immigration and Customs Enforcement officer is reverberating across Capitol Hill where Democrats, and certain Republicans, are vowing an assertive response as President Donald Trump’saggressive deportation operations spark protests nationwide. Lawmakers are demanding a range of actions, from a full investigation into Renee Good’s shooting death and policy changes over law enforcement raids to the defunding of ICE operations and the impeachment of Homeland Security Secretary Kristi Noem, in what is fast becoming an inflection point.
Philadelphia County Sheriff Rochelle Bilal unleashed a blistering attack on U.S. Immigration and Customs Enforcement (ICE) on Thursday, branding the federal agency “fake, made-up law enforcement” and threatening that any ICE agents who set foot in her jurisdiction will face arrest and prosecution.
President Trump on Friday night called on credit card companies to cap interest rates at 10 percent.
“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration. AFFORDABILITY!” the president wrote in a post on Truth Social, using a term he has frequently referred to as a “hoax” pushed by Democrats.
Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%. Coincidentally,
Minneapolis police officers, including Chief Brian O’Hara, were attacked and chased out of a downtown area by violent anti-ICE rioters on Friday night.
Officers were seen in video footage from the riot abandoning the streets, leaving the area under the control of leftist anarchists who have been protesting federal immigration enforcement operations.
Riots have escalated in the wake of the fatal shooting of Renee Nicole Good, a radical anti-ICE activist, who nearly mowed down an agent with her vehicle last week.
Arizona targets Catholic priests
13 replies
Following Washinton’s 2025 unsuccessful attempt to violate the Catholic seal of confession, a proposed Arizona law attempts to do the same. Arizona Bill HB 2039 seeks to modify state law by making it a class 6 felony, with fines of up to $150,000 and up to two years of imprisonment, if priests, with reasonable suspicion that abuse penitents disclosed in confession is ongoing, will continue, or may be a threat to other minors, fail to report this to peace officers or the department of child safety promptly.
Given the danger HB 2039 poses, this column highlights Catholic Church teachings about confession before examining selected litigation —
Social media is crawling with self-proclaimed forensic analysts poring over footage of Wednesday’s ICE shooting in Minneapolis and insisting it shows the agent who shot Renee Nicole Good lacked justification. Some of the takes are downright embarrassing, with left-wing influencers confidently analyzing the wrong ICE agent altogether, pointing to the one at the side of the vehicle instead of the agent positioned in front of it. Some simply post the same footage we’ve all seen and merely declare the video proves the agent is a murderer.
I’ve seen it all, and let me tell you, of all the analyses out there,
Federal agents swarmed the home of the ICE officer who fatally shot a woman in Minneapolis this week, removing belongings as the house sits empty and the agent’s family reportedly goes into hiding.
A Special Response Team arrived at Jonathan Ross’s suburban Minneapolis home Friday morning, according to the Daily Mail. Officers wearing masks and balaclavas carried out plastic crates, a computer tower and picture frames before forming a defensive formation around a vehicle that left the garage.
A neighbor told the outlet she saw Ross’s wife pacing in the driveway Wednesday afternoon, hours after the shooting. The house has been empty since then.
A Somali refugee has stepped down from Lewiston, Maine’s City Council just days after being sworn into the seat, after reports revealed that his nonprofit received tens of thousands of dollars from the fund set up to assist people affected by the October 2023 mass shooting in the central Maine city that killed 18. It has also been revealed that the refugee has been charged with a felony.
Iman Osman resigned from the Lewiston City Council after it was revealed by NewsNation that his organization, the Lewiston Auburn Youth Network, received $65,000 from the fund established after the shooting. Overall, $1.9 million of the funds raised,
President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month.
“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration. AFFORDABILITY!,” Trump wrote on Truth Social.
“Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%,” he announced. “Coincidentally, the January 20th date will coincide with the one year —
A Democratic prosecutor dedicated to helping illegal migrant criminals avoid serious convictions is threatening to throw the book at federal immigration agents.
Philadelphia District Attorney Larry Krasner vowed to arrest and convict any Immigration and Customs Enforcement (ICE) agent who purportedly commits a crime under his jurisdiction. The comments were made during a Thursday press conference held in reaction to a deadly incident in Minneapolis in which a protester was shot after allegedly attempting to run an ICE agent over with her car. “If any law enforcement agent, any ICE agent is gonna come to Philly to commit crimes, then you can get the F out of here,"
Comments:
More could be done with a non-Never Trump Fed chairman, but that will have to wait.