The Symbol of Mortgage Freedom: The Metal Eagle
If you drive through older neighborhoods or own an older home, you might still see this symbol—a metal eagle—displayed proudly. These eagles, made of wood, cast iron, bronze, or other dark metals, can often be found above garages and front doors. At first glance, you might think the eagle is simply a patriotic emblem, given that the bald eagle is America’s national bird.
However, this symbol has a deeper meaning. To understand the significance of these eagle plaques, we need to go back about 70 years.
A Post-War Tradition
After World War II, American soldiers returned home and many took advantage of the newly signed Servicemen’s Readjustment Act, better known as the G.I. Bill. Signed into law in 1944, the G.I. Bill provided veterans with funds for college, unemployment insurance, and housing. Within a decade, 4.3 million home loans had been granted, and 20% of all new homes built post-World War II were bought by veterans.
This era was marked by strong national patriotism, which seemingly sparked a tradition among homeowners. As they paid off their mortgages, many hung eagle plaques above their front doors, garages, or other parts of their homes to signify they were free from debt. This decor, sometimes known as a “freedom flyer,” became a symbol of financial independence.
https://12stonesnwa.com/2024/06/26/the-symbol-of-mortgage-freedom
'Freedom Flyer' - sounds like a good name for a bread