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Australia Mortgage Bond Market Recovery Hindered by High Yields (Bloomberg.com)  May 19 (Bloomberg) -- The recovery of Australia's mortgage- backed bond market, which reopened to new sales last week after a drought of five months, has been hampered by credit


Mortgage Rates Fall to Lowest Since 2004 After Fed Takes Action (Bloomberg.com)  Jan. 23 (Bloomberg) -- U.S. mortgage rates dropped to levels not seen since the middle of the real estate boom in 2004, a day after the Federal Reserve's emergency reduction


Santa Rosa ramps up efforts to repair roofs before June 1  As another hurricane season looms, the rush is on to get storm-damaged homes livable.read more...


Rent Grows 3 Times Faster Than Inflation  Key money for apartment rentals has increased nearly 70 percent over the past five years, more than three times faster than consumer price hikes.Commentread more...


Authors auction naming rights for free speech  It can take years of late-night navel gazing for a novelist to name a character -- or it could come as quickly as an Internet auction on eBay.read more...


Stocks Set to Open Up on Cendant News  U.S. stock market futures notched higher Monday, amid weakness in crude-oil prices as Hurricane Wilma nears Florida and a break-apart plan at conglomerate Cendant Corp.read more...

April 11th, 2007

IMF Report: World economy expected to grow at 4.9% in 2007 and 2008

The world economy is expected to continue to grow robustly by 4.9 percent in both 2007 and 2008,according to the World Economic Outlook released by the International Monetary Fund on Wednesday. via China View



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