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U.S. mortgage rates dropped to the lowest level in nearly four decades this week as the government stepped up efforts to revive the housing market. ...more
January 1, 2009
Federal Reserve Chairman Ben Bernanke said Tuesday that heavy saving by oil producers and Asian nations has helped depress interest rates by keeping financial markets flush with cash. But he warned against banking on this effect - one that probably helped create the current financial crisis - for the long term. ...more
September 12, 2007
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