It appears that Senator Chris Dodd and Senator Kent Conrad are not the only ones who received sweet deals on their home loans.
The Washington Post is reporting the Barack Obama received a nice discount on his home loan, too, which may have saved him close to $300 per month and at an interest rate that was below the average rate in Chicago at that time.
It was a really nice home, too:
The couple wanted to step up from their $415,000 condo. They chose a house with six bedrooms, four fireplaces, a four-car garage and 5 1/2 baths, including a double steam shower and a marble powder room. It had a wine cellar, a music room, a library, a solarium, beveled glass doors and a granite-floored kitchen.
Good credit? Good friends?