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Archive Home > 2008 > December > 04 > As rates fall, a rush to refinance

As rates fall, a rush to refinance

Mortgage activity could provide some relief to ailing housing market

By Tara Siegel Bernard / The Bulletin
December 4, 2008

The housing market may finally be getting some much-needed relief, with lower mortgage rates already encouraging refinancing and Treasury officials considering ways to entice new buyers.

Last week, the Federal Reserve announced that it would buy $500 billion in mortgage-backed securities....

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