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Published: July 3, 2009
Business Briefs
Nation

Mortgage rates decrease McLEAN, Va. — Rates for 30-year home loans inched downward this week, but still remain above record lows posted during the spring, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage was 5.32 this week, below last week’s average of 5.42 percent. Last year at this time, the average rate for a 30-year fixed mortgage was 6.35 percent, Freddie Mac sa...

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Holiday spending may haunt consumers
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...man" bigger than credit card issuers. These...dollars on the interest and fees consumers accrue...a year earlier, and for that, I congratulate American consumers. We're squeezing...their credit card debt, up from 17.9...packaged as securities and sold to investors...regarding higher consumer credit card payments...

 Article | May 31, 2006
Consumers paying off credit card debt, putting the squeeze on company profits
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