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Freddie Mac sees U.S. mortgage rates near bottom

Reuters 03/27/2009 15:16
Freddie Mac sees U.S. mortgage rates near bottom - Freddie Mac - mortgage


The head of mortgage finance company Freddie Mac (FRE.P) said on Friday that U.S. home loan rates are near their bottom and any further decreases will be small.



John Koskinen, the interim chief executive of Freddie Mac, spoke after leaving a meeting between U.S. President Barack Obama and the chiefs of financial services companies.


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