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Mortgage applications up 112.1 last week, due to 0133 - 6 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

Brown Offers 1 Billion Pound Mortgage Loan Guarantee Update2 - 9 hours ago - Dec. 3 Bloomberg Prime Minister Gordon Brown said the U.K. government will guarantee interest payments worth up to 1 billion pounds 1.5 billion owed by homeowners struggling to keep up with mortgages, an effort to prevent home 0133 : Bloomberg

Treasury Considers Plan to Stem Home-Price Decline - 4 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 rescue plan to push down home loan rates - 2 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

U.S. working on affordable mortgage plan sources - 3 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 a 30-year mortgage by making fresh investments in those assets, sources familiar with the plan said on 0133 : MSN MoneyCentral

Delahunt, Hodes seek more aid for homeowners - 5 hours ago - WASHINGTON Two Democratic House members from New England have introduced legislation that would allow the government to force some mortgage lenders to renegotiate loans for homeowners facing foreclosure. Representatives William Delahunt 0133 : Boston Globe

Fixed-rate trap snares 43,000 home owners - 7 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