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Full Tanks and Empty Wallets Put Squeeze on Working Class  As many drivers struggle to cope with soaring fuel prices, working-class people like Ms.read more...


A new dress for the old address  Your weary-looking home can be pepped up with a little help from the designer. There are tricks to make it look spacious too PHOTO: K. MURALI KUMAR TRICKS OF THE


Mortgage lender in takeover talks (Financial Times)  Kensington Group, which specialises in mortgage lending to customers with patchy credit records, has said it is in advanced take-over talks that could value the business at up to £290m.read


Over Your Head'  The host: Eric Stromer. The premise: As the show's name implies, homeowners who take on a home-improvement project that is bigger than their skills get help from Stromer


Mortgage credit losses could total $500 bln: Goldman (Reuters via Yahoo! News)   Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no


Benchmark Mortgage (New London Day)  Benchmark Mortgage announces the opening of a new branch office at 60 Main St., Suite 103, in Norwich. With over 40 years of combined experience ...read more...

October 23rd, 2007

Mortgage applications edge higher, rates plunge (Washington Post)

NEW YORK (Reuters) – Mortgage applications barely advanced last week even as interest rates sank to their lowest levels since May, an industry group said on Wednesday, largely reflecting the increasing difficulty borrowers face to obtain a loan as banks tighten lending standards.

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