U.S. Economy: Pending Home Sales Slide to Record (Update3)

Story date: 2007-10-02 01:58:00
Added on: 2007-10-02 17:00:18

Bloomberg - So far, the Fed's half-point rate cut on Sept. 18 has failed to lower mortgage rates and boost demand. Average 30- year, fixed-rate mortgage rates ended last week at 6.42 percent, compared with an average 6.3 percent the prior week, according to ...


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