Markets up on Fed's surprise cut

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Cheaprealty presents:

Is this a sustained turnaround, or a step on the way down. If the liquidity crisis is stemmed, can it be ended? Are rates still high compared to previous 3 year teaser rates that are still re-setting?

The cost of business loans is down. What will the impact be in the secondary and mortgage renewal markets? Can this boom be salvaged and extended globally one more time?

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