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  • New mortgage caps reduce options in pricey metros (AP via Yahoo! Finance)
    biz.yahoo.com
    People looking to buy more expensive homes next year will have fewer options to find financing because Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy.
  • Decrease in consumer spending could continue through 2009 (The Ocala Star-Banner)
    www.ocala.com
    A University of Florida economist said the reason many Americans are financially strapped is simple: Prices are rising and wages are not.
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