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Mortgage applications up 112.1 last week, due to 0133 - 10 hours ago - Many borrowers missed an opportunity to take advantage when rates dropped sharply for a brief period when the GSEs were placed under conservatorship, said Orawin Velz, associate vice president of economic forecasting for the association. 0133 : Marketwatch

Treasury Eyes Plans to Lower Mortgage Rates - 8 hours ago - The Treasury Department is considering plans being pushed by trade groups to intervene directly into the mortgage market to dramatically force down rates and stimulate the moribund housing market, according to idustry sources familiar wih 0133 : Washington Post

Bank rescue plans bolstered - 20 hours ago - LONDON 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 out the 0133 : International Herald Tribune

US, European interbank lending rates drop again - 18 hours ago - LONDON AP - Interest rates on three-month dollar loans between banks fell for the second day running Wednesday while the equivalent European rates also fell ahead of Thursday's expected rate cuts from the European Central Bank and the 0133 : WTOP Radio

Fed Says Economy Slowed Across U.S. Since Mid-October - 6 hours ago - NEW YORK. The U.S. economy weakened across all regions since the middle of October as it became tougher to get loans and demand for credit shrank, the Federal Reserve said in its regional economic survey. Retail sales, tourism spending 0133 : Metroboston News

U.S. Eyes Plan to Lift Home Sales - 6 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. home market that would push down mortgage rates for home loans, according to people familiar with the matter. The plan, which is in the development stage, 0133 : Wall Street Journal

US working on affordable mortgage plan - sources - 1 hour ago - WASHINGTON Reuters - The U.S. 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 0133 : Reuters India

Capital One to Acquire Chevy Chase Bank - 2 hours ago - Capital One , a leading credit card company, plans to announce today that it will buy Chevy Chase Bank , a landmark Washington financial firm with branches throughout the region, according to sources familiar with the matter. The deal would 0133 : Washington Post