NAR, the National Association of Realtors, has lauded the Federal Reserves Board's rate cut to 3.50 yesterday. The cut is expected to lower mortgage rates and ease the weight of re-setting adjustable loans.
For more information, you can view the statement in it's entirety at:
NAR Commends Federal Reserve Board on Timely Interest Rate Cut
Wednesday, January 23, 2008
National Association of Realtors Praises Interest Rate Cut
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