Mortgage rates fall to four-year low (Chicago Tribune) Mortgage rates fell to a four-year low Wednesday, a day after the Federal Reserve cited a weakening economy in its emergency reduction of its benchmark interest rate.
Mortgage lending hits record levels (Guardian Unlimited) Mortgage lending by banks hit record levels in November but consumer credit remained subdued, figures today indicated. The British Bankers' Association (BBA) said overall mortgage lending last month stood at
Mortgage unit sale boosts National City's 4Q profits (bizjournals.com via Yahoo! Finance) A $1-per-share gain on the sale of its non-prime mortgage company added heft to National City Corp.'s fourth-quarter and full-year earnings.read more...
Regional economic mood stays upbeat The Fairfield County economy remains strong but a slump in home construction will take a toll on the job market.Commentread more...
Bush and Fed Step Toward a Mortgage Rescue (NYTimes.com via Yahoo! Finance) The Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders.read more...
Sanbornton to begin library expansion SANBORTON - Construction of a project which has been in the works for almost five years - an addition to the town library - could start within two weeks.read more...
With Wednesday’s gift of $20,000, local union workers and contractors more than doubled the amount of a reward available to whoever offers police information leading to the arrest and conviction of those …
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