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Don't Expect Your Heating Bill To Drop When Gas Prices Fall  Lower natural-gas commodity prices might not translate into a break for consumers. It could be months before many homeowners see charges decline even slightly, if at all.read more...


Stocks Advance Cautiously On Earnings  "From that perspective, the market got a little ahead of itself" NEW YORK Stocks were mostly higher Thursday after Wall Street received some solid readings on corporate earnings and


American sub-prime mortgage ills infect UK markets (Times Online)  Cambridge Place, the London fund manager, was forced to close its $908 million (£450 million) listed fund yesterday as contagion from the embattled US sub-prime mortgage market continued to spread


Stock Futures Lifted by Cisco Outlook   Cisco Systems' buoyant sales outlook helped pull U.S. stock market futures higher on Wednesday, offsetting the last session's downturn after the Federal Reserve signaled a pause rather than end to


Coshocton grad's labors spread hope to many  "I like putting in the time, volunteering and seeing people become happier. I liked building a house for someone who didn't have one before, being their for the kids and


Con man's three years gets cheers (Reg Req'd)  With the hearty approval of several former friends, an Oak Grove man began serving a three-year federal prison sentence Friday for his role in a mortgage fraud scam.read more...

February 22nd, 2007

N.Z. Treasury Stops Work on Proposed Mortgage Levy (Update1) (Bloomberg.com)

Feb. 23 (Bloomberg)—New Zealand’s Treasury Department abandoned a proposal to impose a levy on mortgage payments to cool the housing market after opposition lawmakers said they wouldn’t support the idea.

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