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03-17-2008, 05:49 AM
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| How will feds latest actions affect the mortgage market?
The Fed cut the discount rate it charges on direct loans to banks and setting up a new program to provide cash to a wider range of big financial firms. <----How do you think that will affect mortgages? Will it be easier to get access to loans? OR will getting loans become more difficult as the banks try to cover their backsides?
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