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Mortgage Mess Rescue Plan (WILX 10 Lansing)  At least 6 lenders will offer a broader mortgage plan that extends to homeowners of all loans, not just subprime.read more...


Mortgage rates drop six weeks straight  Mortgage rates slipped for the sixth straight week on continued signs of weakness in the housing sector and declining consumer confidence, Freddie Mac reported Thursday. read more...


Kenya: New Mortgage for First Time Home Owners (AllAfrica.com)  Mortgage company Housing Finance has introduced a home ownership plan targeted at first-time home owners.read more...


U.S. mortgage rates edge up; 30-year at 6.24%  Mortgage rates were little changed in the latest week, with the national average rate on the benchmark 30-year loan inching higher to 6.24% from 6.23% a week ago, Freddie Mac


What's in a name? - about $4 million  A CHANGE in name has landed a Portland business in a web of red tape and is threatening its future.via


Smart Growth Experts Say Anti-Sprawl Laws Often Promote Sprawl  A study by the National Center for Smart Growth Research and Education says adequate public facilities ordinances aimed at controlling residential sprawl often have the opposite effect in Maryland.read more...

January 29th, 2008

U.K. Mortgage Approvals Drop to Least Since 1999 (Update1) (Bloomberg.com)

Jan. 30 (Bloomberg)—U.K. mortgage approvals dropped in December to the lowest in at least nine years and consumer credit fell as banks curbed lending after contagion from the U.S. subprime mortgage market collapse.

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