Houston Mortgage Monitor  The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday.read more...


La Luz of Philippine art  In 1997, Arturo Rogero Luz was named the seventh National Artist for Visual Arts .read more...


KB's Marha Stewart Home Selling Quickly  "I can't imagine it was anything but Martha" The Twin Lakes development certainly isn't complete. But most of the finished homes either have cars in the driveways or tasteful,


Confused by all the Mortgage Options? Here's Help (Benton Evening News)  (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,


Calif. housing bubble seen deflating  SAN FRANCISCO - California has a housing bubble, but it may not pop with a bang, UCLA researchers said in a quarterly economic forecast.via


Some old recession omens discounted these days  New home construction is plummeting. Car sales are weakening. Investors have driven longterm interest rates well below the short-term rates set by the Federal Reserve.Commentread more...

December 5th, 2007

Mortgage plan to freeze certain rates for 5 years (USA Today)

Congressional aides say the Bush administration has hammered out an agreement with the banking and mortgage industry to freeze interest rates for certain subprime mortgages for five years in an effort to combat a soaring tide of foreclosures.

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