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Credit and financial markets brighten as lending renews
The AP reports a gentler tone in credit and financial markets as consumer loan rates drop, mortgage access improves, and savings bonds offer higher returns. Banks advertise student loans again while savings and loan associations see record inflows, signaling renewed consumer spending potential amid a cautious economy. Donn Young notes art exhibits and a Cedar Rapids TV morning segment conclude the piece.
MENTIONED IN THIS ARTICLE
Savings and Loan Associations
Federal Home Loan Bank Board
S&ls
Donn Young
Cedar Rapids Art Center
TV 9
George Patrick