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U.S. Fed cuts the rate by .25 points - not good
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12-11-2007, 12:23 PM
UniversalPassLorence
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Join Date: Dec 2004
Location: Califonia
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Quote:
Originally Posted by
FreeHugeMovies
This will help ppl start buying new houses which is excellent for the economy.
This rate cut will not necessarily reduce the mortgage rates
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