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Pending Home Resales in U.S. Fell 1.5% in December (Update1)

Story date: 2008-02-07 07:20:00
Added on: 2008-02-07 08:07:43


Bloomberg - The cuts in the benchmark interest rate may help bring down mortgage rates down further, economists said. The rate on a 30- year fixed mortgage fell to 5.48 percent the week ended Jan. 24, the lowest level in almost four years. To contact ...


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