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Mortgage Applications Surge On Low Rates - 14 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 - 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

Shoppers have reasons to act like grinches - 1 hour ago - WASHINGTON AP - There are ample reasons for America's shoppers to act like grinches this holiday season, with lost jobs, wilting retirement accounts and shrinking home values topping the list. And if anyone needed more evidence of 0133 : WTOP Radio

UK electronics retailer DSG posts 1H net loss - 11/27/2008 - LONDON DSG International PLC, Britain's largest consumer electronics retailer, posted a net loss for the first half of the year on Thursday, after the company cut prices to compete with internet retailers and spent more on restructuring 0133 : Washington Post

Holiday outlook of Fed is bleak - 1 hour ago - The country's economic picture has darkened further as Americans hunkered down heading into the holidays, forcing retailers to ring up fewer sales and factories to cut back production. The Federal Reserve 's new snapshot of business 0133 : The Washington Times

Treasury Considers Plan to Stem Home-Price Decline - 9 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. housing market by reducing mortgage rates for new home loans, according to people familiar with the matter. Henry Paulson The plan, which is in the 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

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