Thread: U.S. Fed cuts the rate by .25 points - not good
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Old 12-11-2007, 12:23 PM  
UniversalPassLorence
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Join Date: Dec 2004
Location: Califonia
Posts: 3,721
Quote:
Originally Posted by FreeHugeMovies View Post
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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