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Fuzzy Economics

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The WSJ Developments blog reports that mortgage rates have fallen to the lowest point since the 1950s. Average rates for a 30-year fixed-rate mortgage fell to 4.69% this week, as the WSJ asks "if rates are so low, why is there so little demand for new loans?" In other news, I have been unable to determine why no one is willing to patronize my brand new "Punch in the Face for $1" stand. I mean come on, its only $1!