Lower Rates Help Sell Houses, but Market Faces Broader Ills - Wall Street Journal
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Wall Street Journal -
By MICHAEL CORKERY and NICK TIMIRAOS A possible move by the Treasury Department to push down mortgage rates has raised the hopes of home buyers, real-estate agents and economists -- and the share prices of residential builders and related businesses.
Rate drops are of little help to many in California
Treasury may set mortgage rates at 4.5% to boost sales
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