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Economic Worries Translate Into Low Consumer Confidence and Low Mortgage Rates

The University of Michigan’s / Thomson Reuters widely-watched consumer confidence index shows consumer confidence moving lower driven by lack of confidence in government economic policies and increasing pessimism over unemployment, home prices and falling income. The index fell  7.7 points to 63.8, its biggest decline since March with the index falling to 76.3 from 82.0, […]

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