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Mortgage Applications Surge On Low Rates - 11 hours ago - Washington, DC AHN - Mortgage applications surged for the week ending Nov. 28 as rates for home loans made their biggest weekly drop on record due to the latest government lending and mortgage asset buying programs. The Mortgage Bankers 0133 : All Headline News

Treasury Eyes Plans to Lower Mortgage Rates - 4 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

Thailand s interest rate cuts to spearhead crisis fightback - 2 hours ago - LONDON BANGKOK Thailand led a new round of global interest rates cuts on Wednesday, with countries from Europe to New Zealand expected to follow in the next few days to fight an unrelenting financial crisis. In London, the British 0133 : China Post

WaMu Told Washington That Adjustable Rate Mortgages Were Safer 0133 - 12/1/2008 - The Associated Press says that a review of regulatory documents shows that years before the subprime mortgage crises developed into a full blown economic meltdown the government ignored warnings and listened instead to lobbyists who 0133 : Consumerist.com

US rescue plan to push down home loan rates - 3 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

UPDATE 2-US working on affordable mortgage plan-sources - 3 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 typical mortgages by expanding its purchases of mortgage backed securities, sources familiar 0133 : FXStreet.com

U.S. Eyes Plan to Lift Home Sales - 1 hour 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

Fixed-rate trap snares 43,000 home owners - 4 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