The Fed and US Treasury have finally come to grips with the fact that, oh yeah, maybe the housing industry could use a little help. While they've been busy handing out money by the truckload to banks so they can buy other banks and keep those corporate jets in the air, the ordinary person who wants to buy a house or re-finance is left out in the cold.

Today, that finally changed.  Blog buddy Alan Gorss of National City Mortgage wrote a nice blog post about today's developments at Treasury and the Fed.

The lower interest rates (predicted to hit about 5.25%) will make housing that much more afffordable in the MD Suburbs of DC.

Maybe this is the breather from all the bad news we need to help get us back on track.