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U.S. Mortgage Rates Near A 4-Decade Low
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 Taking $3 Trillion Gamble To Spur Lending
Federal Reserve officials are throwing everything they have into the fight to stabilize financial markets and restore economic growth. In the process, the Fed balance sheet is ballooning to $3 trillion, if not more. ...more
December 6, 2008
Key Rate Slashed; Stocks Soar
In a bold strike, the Federal Reserve slashed a key interest rate by a half point Tuesday - the first cut in more than four years - and left the door open to further relief to prevent a painful housing slump and jarring credit crunch from driving the country into recession. ...more
September 18, 2007
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