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Treasury Eyes Plans to Lower Mortgage Rates - 7 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

Ford Nov. sales drop 30 pct., Toyota falls 34 pct. - 1 day ago - NEW YORK AP - Ford says its November U.S. light vehicle sales tumbled 31 percent amid a continued slump in consumer spending and tight credit markets. Toyota's sales fell 34 percent despite its extension of zero-percent financing on a 0133 : WTOP Radio

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

PRESS DIGEST - Russia - Dec 4 - 36 minutes ago - - Russia's authorities have admitted there were problems with mortgage payments, the daily says in connection with official statements that the government will support citizens who fail to pay their home loans. - Russia's government plans 0133 : Reuters

UPDATE 2-US working on affordable mortgage plan-sources - 6 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

Treasury May Seek to Cut Mortgage Rates Report - 9 hours ago - The Treasury Department may press for a plan to lower mortgage rates on new home loans, according to a report published Wednesday. The Wall Street Journal , citing people with knowledge of the situation, said the plan would use mortgage 0133 : Street.Com

Financial industry pushes for lower mortgage rates - 1 hour 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 0133 : Charleston Gazette