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US-Japan Trade Rel. / Mortgage Rates #315307

CBS Evening News for Saturday, Apr 18, 1987
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(Studio: Bob Schieffer) Impact of US-Japan trade dispute on United States hsing. market explained. [Econ. Peter KRETZMER - notes falling dollar's role.] [Buyer Herb SKOLNIK - cites need to beat rising home mortgage rates linked to falling dollar.] Home mortgage interest rates' recent activity graphed on screen. [Metmor Financial Incorporated spokesperson George FRANCIS - is surprised at rapid change.] Implications for construction industry considered. [Realtor Virginia RAMOS, buyer Heather HINTZEN - comment.] [KRETZMER - cites United States interdependence on world economy]

Schieffer, Bob

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