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Front Page News arrow World arrow USA arrow Home mortgage rate cut not enough to revive US housing
Home mortgage rate cut not enough to revive US housing Print E-mail
Written by Reuters   
Tuesday, 09 September 2008

NEW YORK, Sept 9 (Reuters) - The fall in home mortgage rates this week, after the U.S. government took over giant lenders Fannie Mae and Freddie Mac, has stoked home buyer interest, but the massive inventory of unsold homes on the market and fears of job losses may keep house prices falling.

Home mortgage rate cut not enough to revive US housing Full Story



Last Updated ( Tuesday, 16 September 2008 )
 
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