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Mortgage Applications Skyrocket In Week - 6 hours ago - Many borrowers missed an opportunity to take advantage when rates dropped sharply for a brief period when the GSEs government-sponsored enterprises were placed under conservatorship, said Orawin Velz, MBA's associate vice president of 0133 : Post Chronicle

Treasury Eyes Plans to Lower Mortgage Rates - 2 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

James, Cavaliers rolling - 7 hours ago - INDEPENDENCE AP While he teases New York's voracious media and desperate Knicks fans about his free-agent future, LeBron James and his current team have become an NBA powerhouse. The Cleveland Cavaliers are rolling like never before. 0133 : Crescent-News

Treasury Considers Plan to Stem Home-Price Decline - 3 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 - 1 hour 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 - 38 minutes 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. working on affordable mortgage plan sources - 2 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 : Reuters

Delahunt, Hodes seek more aid for homeowners - 4 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