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Mortgage Applications Skyrocket In Week - 10 hours ago - Many borrowers missed an opportunity to take advantage when rates dropped sharply for a brief period when the GSEs government-sponsored enterprises were placed under conservatorship, said Orawin Velz, MBA's associate vice president of 0133 : Post Chronicle

A rush into refinancing as U.S. mortgage rates fall - 48 minutes ago - The U.S. housing market may finally be getting some relief, with lower mortgage rates already encouraging refinancing and Treasury officials considering ways to entice new buyers. Last week, the Federal Reserve announced that it would buy 0133 : International Herald Tribune

Bank rescue plans bolstered - 12 hours ago - LONDON Reuters - The government is to strengthen the regulation of its banking system by giving the Bank of England powers to step in as soon as a bank begins to show signs of financial trouble. But the annual Queen's Speech which sets 0133 : Reuters UK

Brown Offers 1 Billion Pound Mortgage Loan Guarantee Update2 - 11 hours ago - Dec. 3 Bloomberg Prime Minister Gordon Brown said the U.K. government will guarantee interest payments worth up to 1 billion pounds 1.5 billion owed by homeowners struggling to keep up with mortgages, an effort to prevent home 0133 : Bloomberg

Treasury Considers Plan to Stem Home-Price Decline - 6 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. housing market by reducing mortgage rates for new loans, according to people familiar with the matter. Henry Paulson The plan, which is in the development 0133 : Wall Street Journal

US rescue plan to push down home loan rates - 4 hours ago - The US Treasury is working on a new plan to help revive the ailing housing market by reducing mortgage rates on new home loans, according to people briefed on the situation. The plan, which is at preliminary stages and could change, would 0133 : Financial Times

U.S. working on affordable mortgage plan sources - 6 hours ago - WASHINGTON Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan 0133 : Washington Post

U.S. Eyes Plan to Lift Home Sales - 2 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. home market that would push down interest rates for loans to purchase a home, according to people familiar with the matter. The plan, which is in the 0133 : Wall Street Journal