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Pa., N.J. moving to aid subprime borrowers  "If they are already facing foreclosure, they are probably not going to be eligible for this program" Government help is on the way for some Pennsylvania and New Jersey


Low Mortgage Rates (Boxing.net)  Apply online. It's fast, easy and cost nothing to apply. Purchase, refinance and second mortgages. Bad credit OK. Mortgage loans for homeowners with bad credit. Pay off bills with a


Schools may borrow $6.5 million  The San Rafael Board of Education tomorrow will consider financing with long-term loans the bulk of an estimated $9.6 million in projected cost overruns for bond-funded construction at six schools.via


Mortgage default relief planned (Chicago Tribune)  Bush proposal would let more refinance WASHINGTON ? The Bush administration Friday will propose a set of policies meant to help ease the wave of mortgage defaults,


Mortgage broker faces fraud charges (Sydney Morning Herald)  A former Melbourne mortgage broker has appeared in court on a raft of fraud charges following an investigation by the corporate watchdog. -read more...


Toyota plans ways to make hybrid models stand out  Toyota is planning more prominent emblems on its gas-electric hybrid SUVs in a new belief that owners want others to know of their environmental consciousness.read more...

March 2nd, 2008

U.S. Mortgage Rates Will Tumble to Four-Decade Low (Update2) (Bloomberg.com)

March 3 (Bloomberg)—Freddie Mac, the world’s second- largest mortgage buyer, said the average U.S. fixed mortgage rate in 2008 probably will tumble more than three-quarters of a percentage point to the lowest in at least 45 years.

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