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The Female Head of the SEC Is Being Replaced … by a Woman

The Securities and Exchange Commission is turning into a girl’s club … and we like it.

When it was first announced that the head of the SEC, Mary Schapiro, was stepping down, we were kind of bummed.

But on the heels of Schapiro’s resignation, it was announced that President Obama would be appointing another woman in her place: Elisse Walter, who was appointed as an SEC commissioner by President Bush in 2008.

That made us happy not just because we love seeing women in high places that are traditionally the province of men. (You know, now would be a great time to officially change the title from Chairman to Chairwoman of the SEC.)

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Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.98% dw 4.26%  
15 Y Fixed Graph 3.03% dw 3.15%  
30 Y Fixed Jumbo Graph 4.28% dw 4.62%  
5/1 ARM Graph 2.95% dw 3.15%  
5/1 Jumbo ARM Graph 3.85% up 3.60%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.38% -- 4.38%  
$50K HELOC Graph 4.07% up 4.06%  
$30K Loan Graph 4.64% up 4.62%  
$50K Loan Graph 4.25% up 4.24%  
$75K Loan Graph 4.25% up 4.24%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.06% dw 3.07%  
36 M Used Graph 3.28% dw 3.30%  
48 M New Graph 3.05% -- 3.05%  
48 M Used Graph 2.96% dw 3.03%  
60 M New Graph 3.12% -- 3.12%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.62% up 0.60%  
5 yr Graph 1.51% up 1.50%