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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

New Star Swaps 354 Million Debt, Banks Get 75 Stake 0133 - 5 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

James, Cavaliers rolling - 6 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 - 2 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. housing market by reducing mortgage rates for new loans, according to people familiar with the matter. Henry Paulson The plan, which is in the development 0133 : Wall Street Journal

Treasury May Seek to Cut Mortgage Rates Report - 2 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

Treasury Looking At Plan To Reduce Mortgage Rates To Support 0133 - 2 hours ago - The Wall Street Journal reported this afternoon that Treasury Secretary Henry Paulson is considering a plan to support home prices by reducing mortgage rates on new home loans. Under the plan, which is still in development, the Treasury 0133 : StreetInsider.com

The New York Times Features VA Mortgage Center.com - 4 hours ago - www.vamortgagecenter.com - VA Mortgage Center.com, a private company specializing in VA loans, recently appeared in a New York Times article for its expert knowledge and advice about VA home loans a niche market that is succeeding albeit 0133 : PR Inside

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