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ForexGen | Credit Still Crunched Even as Mortgage Rates Fall

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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