[Rational Thought]

Mortgage rates are indeed being controlled by the Fed;

http://www.thetruthaboutmortgage.com/end-of-fed-mortgage-buying-program-could-bump-interest-rates-one-percent/

Had the Government stayed out of the lending market, chances are we would have already been seeing a recovery. Instead, with the implementation of Dodd/Frank and the start up of Elizabeth Warren's Consumer Financial Protection Bureau, they have institutionalized a housing depression.

[Texas resident]

“they have institutionalized a housing depression”

Intentionally.

NO one who created this monster has been even reprimanded.
The bankers who were forced to make bad loans are the perceived bad guys.

Yep this was well planned out and executed by frank and dodd. And they remain in power.