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Diane Shelton

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DShel80907@aol.com
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Fed Slashes Rates

Daily Real Estate News  |  March 17, 2008 In an effort to boost market liquidity, the Federal Reserve lowered the discount rate to 3.25 percent from 3.5 percent and launched a new lending program through which money will be moved from securities dealers to the securitization markets. The effort — the latest attempt to stabilize […]

Posted in: Market Watch, Mortgage Watch, Real Estate News Tagged: cut, federal reserve, mortgage, rate, residential loans

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