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The Fed is going all out – it is lowering mortgage rates and promoting the housing market


The Fed is going all out – it is lowering mortgage rates and promoting the housing market

Every weekday, CNBC Investing Club with Jim Cramer publishes the Homestretch – an actionable afternoon update, just in time for the final hour of trading on Wall Street. Markets: The Federal Reserve cut the Fed’s overnight interest rate by 50 basis points on Wednesday afternoon, to a range between 4.75% and 5%. The Fed was […]