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Confused by all the Mortgage Options? Here's Help (Ridgecrest Daily Independent)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Housing complaints continue to roll in: Others respond to story about ...  Via Thomson Dialog NewsEdge) Feb. 12--Phelan residents Barbara and Richard Southern, who have been waiting for 19 months for their house to be built, are not alone.Commentread more...


Fire destroys KCK home  A fire that destroyed a Kansas City, Kan. home overnight is being called suspicious.Commentread more...


Using your tax rebate: What's good for you vs. U.S. economy?  "It generates a stream of purchased services over the life of the vehicle" An estimated 130 million Americans are receiving an economic stimulus tax rebate this spring. via The


Farm land rises, but do profits? (Reg Req'd)  That's certainly true. But economists will tell you that, over the long term, the price of goods and services must also be based in reason.read more...


House committee questions high compensation for CEOs involved in mortgage crisis (Deseret Morning News)  Lawmakers confronted corporate executives Friday about how they managed to take home hundreds of millions of dollars in compensation while their companies were taking a financial nosedive from the subprime

March 12th, 2007

Yen Gains as Subprime Mortgage Losses Prompt Flight From Risk (Bloomberg.com)

March 12 (Bloomberg)—The yen rose the most in a week against the dollar on speculation investors will unwind trades financed with the Japanese currency as losses in the U.S. subprime mortgage market ease demand for riskier assets.

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