UPDATE 1-Cash-out mortgage refinancings plunge-Freddie Mac
Story date: 2008-02-08 01:10:00
Added on: 2008-02-08 18:00:27
Reuters - Last: NEW YORK, Feb 8 (Reuters) - The amount of money extracted from home equity through mortgage refinancings plunged more than 50 percent last quarter to a three-and-a-half year low, Freddie Mac said on Friday, spelling trouble for the economy. So ...
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