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Reuters: Record low mortgage rates toss housing a lifeline

Started by chris, December 19, 2008, 06:59:26 PM

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chris

Record low mortgage rates toss housing a lifeline
      


NEW YORK (Reuters) - With the $500 of monthly savings Jim Hennessy of San Diego gained by cutting the rate on his $417,000 mortgage, he plans to rebuild his beaten-up retirement account and maybe even take a cruise.<div class="feedflare">
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