Thursday, November 27, 2008
Bringing mortgage rates down helps, but does not cure, the credit market crunch
Mortgage rates sank again Wednesday, but investors are worried that getting a loan will still be a tough feat.The
credit markets, while not as crunched as they were last week ahead of
the rescue of Citigroup Inc. and the Federal Reserve's plan to buy $600
billion in mortgage-backed securities, are still in rough... [read more]
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