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HBOS Says U.K. Mortgage Share, Lending Margin to Fall (Update3) (Bloomberg.com)  June 12 (Bloomberg) -- HBOS Plc, Britain's biggest mortgage bank, said its U.K. profit margin and market share declined in the first half after a plan to give existing clients


Peak for Housing Said to Be Near  California's housing boom appears to be peaking, and the resultant slowdown is expected to produce "weak growth" in the state's economy during the next two years and a possible recession


Mortgage Rates Rise This Week (AP via Yahoo! News)   Mortgage rates around the country went up this week, with rates on 30-year mortgages climbing to their highest point since late December.read more...


Northern Rock leaps on Goldman's mortgage-to-bond plan (Market Watch)  LONDON (MarketWatch) -- The British government on Monday confirmed that it's tentatively backing a plan presented by its advisor, Goldman Sachs, to convert Northern Rock mortgages into bonds to fund


Two Candidates Vie for Page Supervisor Position  On the Page County Board of Supervisors Agenda tonight is the review of candidates for the District 2 supervisor vacancy.read more...


Confused by all the Mortgage Options? Here's Help (Pekin Times)  (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,

January 31st, 2008

Bad news for U.S. housing industry

“We don’t see this market turning around anytime soon”

NEW YORK : The worse the news got, the better the stocks performed. Early in the week, investors seemed to believe that the Federal Reserve, with its unprecedented slashing of interest rates, could revive the … via International Herald Tribune



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