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Why mortgage rates are still heading higher

Story date: 2008-03-18 07:26:00
Added on: 2008-03-18 12:00:44


CNN Money - NEW YORK (CNNMoney.com) -- The Federal Reserve is likely to cut interest rates again Tuesday, but don't expect mortgage rates to go down too. In fact, home loans could be heading higher. Consider recent history: The Fed issued an emergency cut of ...


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