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Woes Afflicting Mortgage Giants Raise Loan Rates

July 23rd, 2008 by

The troubles at Fannie Mae and Freddie Mac could deal another blow to the housing market, as higher interest rates make it harder to refinance existing debts.

Posted in Interest Rates, Freddie Mac|FRE|NYSE, Fannie Mae|FNM|NYSE, Mortgages, United States Economy

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