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Record Low Mortgage Rates Put More Cash In Pockets, But May Not Boost Economy Much

A historic drop in mortgage rates has millions of homeowners refinancing to save money. It's helping home sales, but it's not helping the broader economy as much as it would in a normal recession. (AP)
A historic drop in mortgage rates has millions of homeowners refinancing to save money. It's helping home sales, but it's not helping the broader economy as much as it would in a normal recession. (AP)

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