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For housing market, economic worries trump downgrades

Posted on 09 August 2011

Concern over the future of the U.S. economy — not ratings-firm downgrades of the U.S. or mortgage finance titans Fannie Mae and Freddie Mac — remains the biggest threat to the nation’s housing market, experts said.
With investors dumping shares of U.S. stocks on Monday, yields on U.S. Treasuries continued to decline, as buyers poured into what is traditionally considered a financial safe haven……………………………………….Full Article: Source


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