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Thornburg Mortgage rises again (BizJournals)  Reports of its death greatly exaggerated, Santa Fe's Thornburg Mortgage saw its stock shoot up Wednesday after an analyst upgrade. (TMA)read more...


Tight mortgage belt in Treasurer's sights (Tenterfield Star)  TAX cuts directed at the tight mortgage belt are being tipped by key players in the ACT economy in Tuesday's federal budget, with subdued warnings about the likely impact on


Cowen set to reject stamp duty reform demands  Minister for Finance Brian Cowen will reject demands for house stamp duty reform in Wednesday's Budget, though extra mortgage interest relief is to be offered to first-time buyers.Commentread more...


Greenspan View on Housing Boom Seen as Hazardous by Wall Street Economists  Federal Reserve Chairman Alan Greenspan isn't worried about the hot U.S. housing market so he isn't cooling it off by raising interest rates faster.read more...


Colorful Sticky Art Finds Its Way From Car Bumpers to Home Walls  Decals are on the move from auto windshields and bicycle bumpers to bedroom and living-room walls, ready for homeowners to brighten a dull room.read more...


Spitzer Takes Down Alleged Mortgage Fraud Scheme  New York Attorney General Eliot Spitzer, famous for busting Wall Street schemes, said Tuesday afternoon he's now cracked a large-scale fraud involving home mortgages."In this case, this a scheme that's

May 25th, 2005

Mortgage rates take another fall (Bankrate.com via Yahoo! Finance)

Convinced that inflation remains caged, bond traders who control long-term interest rates sent mortgage rates down, according to the Bankrate.com weekly survey of large lenders.

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