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Mortgage applications up 112.1 last week, due to 0133 - 5 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 - 3 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

New Star Swaps 354 Million Debt, Banks Get 75 Stake 0133 - 6 hours ago - Dec. 3 Bloomberg New Star Asset Management Plc , the fund manager started by John Duffield in 2000, said lenders will take control after its share price dropped 95 percent in three months. Banks led by HBOS Plc and Lloyds TSB Group Plc 0133 : Bloomberg

Fixed-rate trap snares 43,000 home owners - 3 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

How and why mortgage fraud is growing - 3 hours ago - With the number of home loans shrinking because of the subprime meltdown and resulting tight credit, logic says mortgage fraud would be declining. But a report this week by the Mortgage Asset Research Institute, of Reston, Va., showed fraud 0133 : Philiy.com

Treasury Department Considers Plan to Lower Mortgage Rates - 3 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 0133 : FOX News

Abu Dhabi Finance focuses on home loan market in capital - 11/27/2008 - Abu Dhabi Finance, the newly-formed mortgage company with a capital of Dh 500 million, will be offering home loans for properties in Dubai and other emirates, but in the long-term, a top company executive said. Our initial focus will be on 0133 : Business24-7

ASB, SBS and Kiwibank cut rates others set to follow - 1 hour ago - Following the Reserve Bank s decision to cut the official cash rate to 5 , ASB Bank has brought its variable rate down by 0.75 to 7.95 , SBS has brought its variable rate down by 1.95 to 7.2 , and Kiwibank has brought its variable rate 0133 : National Business Review