Here are some facts to chew on:
Source: US Treasury; Freddie Mac; Mortgage Banking Association
Source: US Treasury; Freddie Mac; Mortgage Banking AssociationFriday, February 20, 2009
Where's the money?
The news media is saying it is really bad out there... but 93% still have steady incomes and Americans are saving at a faster rate. Oh and by the way, mortgage refinancing has been booming. So what are Americans doing will the extra money?
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