Illinois Takes Out $440-million in Loans – The state of Illinois took out loans worth $440 million this week. high levels of pension debt and backlog of bills in comparison to rates other states with better credit pay.
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Mortgage rates abate for Friday – Several benchmark mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both ticked downwards. Meanwhile, the average rate on 5/1 adjustable-rate mortgages.
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