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Mortgage applications up 112.1 last week, due to 0133 - 7 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 Weighs Action on Mortgage Rates - 55 minutes ago - The Treasury Department is considering a plan to force down mortgage rate and stimulate the housing market, sources said By Steve Helber Associated Press The Treasury Department is strongly considering a plan to intervene directly in 0133 : Washington Post

U.S. Eyes Plan to Lift Home Sales - 4 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

U.S. working on affordable mortgage plan sources - 5 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

Fixed-rate trap snares 43,000 home owners - 5 hours ago - Like all gambles there are winners and losers, says Chris Zinn from Choice. MORE than 40,000 unlucky people have been caught out in a fixed mortgage rate trap, having taken out their loan at the highest fixed interest rates in a decade, 0133 : Sydney Morning Herald

UPDATE 1-US working on affordable mortgage plan-sources - 5 hours ago - WASHINGTON, Dec 3 Reuters - The U.S. Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on a 30-year mortgage by making fresh investments in those assets, sources familiar with the plan 0133 : Reuters

Treasury Eyes Plans to Lower Mortgage Rates - 5 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

Financial industry pushes for lower mortgage rates - 6 hours ago - WASHINGTON - Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market. Under the proposal, Treasury would seek to lower the rate on a 30-year mortgage 0133 : AZCentral.com