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A report has come out saying that while home prices around the country dropped in February, Phoenix, Arizona is the leader for largest decline in home prices.
The average home price fell 35% in Phoenix from February 2008 to February 2009 according to the S&P/Case-Shiller …

The Federal Reserve just announced that it will cut the federal funds rate that banks charge each other from zero to 0.25 percent. That is down from the 1 percent target rate in effect since the last meeting in October.
Many analysts were calling for the …

Today, as expected, the Fed cut the key interest rate to 1%. Some analysts are saying that the Fed won’t stop at 1%, if it needs to, the rate could go lower. A rate below 1% hasn’t been seen since the Eisenhower administration in the …