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Mortgage Rates Hit 6.1%, Highest Level In 15 Months (NBC 5 Chicago)  Mortgage rates haven't been this high since July 2004.read more...


Mortgage Foreclosures Triple In State (WCVB Boston)  Mortgage companies foreclosed on 7,563 Massachusetts homes in 2007. read more...


Market for new homes continues to soar  Talk of a slowdown in the housing market may have been a little premature. A day after news that existing home sales slumped in July comes word that new home


Only long thaw will help icy new-home starts  Overproduction put new home builders into the deep freeze and it will take a few years before that market thaws.read more...


House Market Lost Some Froth    Hot hot hot in the home real estate market began to feel a little cooler this year. read more...


Winter Haven Hospital Auxiliary Celebrates New Graduate Nurses  read more...

January 8th, 2008

Paulson Says U.S. May Expand Mortgage Aid (NYTimes.com via Yahoo! Finance)

The Treasury secretary said the administration was in talks with the mortgage industry to expand a program that freezes adjustable rate mortgages for 5 years to include borrowers of loans at prime rates.

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