Thursday, January 24, 2008

NAR COMMENDS FEDERAL RESERVE BOARD ON TIMELY INTEREST RATE CUT

NAR's Chief Economist Lawrence Yun says the 75-basis-point cut in the Fed funds rate to 3.50% is a very good step in the right direction to boost the economy and send a clear message to both the market and to consumers. (Source: NAR) More Information . . .

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