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

State Mortgage Agency Offers More Loans - 9 hours ago - December 03, 2008 Fewer banks are willing to make home loans these days, and the State of New York Mortgage Agency, or SONYMA, is picking up some of the slack. The agency says the total value of loans it's bought so far this year is 466 0133 : WNYC

How and why mortgage fraud is growing - 2 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

Fixed-rate trap snares 43,000 home owners - 1 hour 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

UPDATE 1-US working on affordable mortgage plan-sources - 1 hour 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 a 30-year mortgage by making fresh investments in those assets, sources familiar with the plan 0133 : Reuters

Treasury Eyes Plans to Lower Mortgage Rates - 1 hour 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

Mortgage Applications Up, But Are They 'Real'? - 3 hours ago - It should come as no surprise to anyone that mortgage applications would surge last week, after the Fed announced it would buy GSE debt and mortgage-backed securities. Interest rates on the 30-year fixed dropped nearly a full percentage 0133 : CNBC