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NEW YORK (AP) -- Wall Street sagged again Friday but took a break from the heavier selling of recent days as energy, utility and technology stocks showed some advances and bank stocks declined. Energy names advanced as oil showed modest gains after ...

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Stocks show moderate decline after sell-off - Allentown Morning Call

Interest rates are often a mystery for many people applying for home loans. How is it possible, for instance, for mortgage rates to rise after the Federal Reserve cut its benchmark interest rate, which was what happened in late October? Then, in the ...

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How mortgage rates are set - Grand Forks Herald

Abu Dhabi Commercial Bank has reported that its mortgage volumes have halved while mortgage applications are down from 35-45 to 15 per month. The bank has also increased its mortgage rates from 7.5% to 9.5% and dropped its loan-to-value (LTV) ratio ...

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Credit squeeze grips Dubai real estate - AME Info

"We say we're insulated -- and we are a bit -- but don't let me lull you into thinking we have not been affected," said Bill White, president of Joyner Fine Properties. "Our insulation has been broken." White spoke at a presentation Thursday evening ...

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Housing slump felt in Richmond: Still, speaker says area remains ... - TradingMarkets.com

Home sales have fallen for more than a year. Values have dipped. And buyer confidence has deteriorated. But at least one national economist thinks the Houston-area housing market will see price appreciation of as much as 10 percent in 2009. Going ...

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Houston housing gets a vote of confidence - Houston Chronicle

A new survey from First American CoreLogic, a real estate data company, has concluded that nearly a quarter of all homes with mortgages are worth less than what is owed on the loans. According to the data, which were first reported in the New York ...

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Commentary: Fewer and fewer options as housing crisis deepens - Madera Tribune

Sunday, November 16, 2008 At the center of today's economic and credit crisis is the rising tide of home foreclosures, which government agencies and some large banks are trying to address by allowing borrowers to modify their mortgages. But their ...

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Investment groups resist mortgage changes - San Francisco Gate

Much of our current difficulty is obviously tied to the housing industry. Some blame the Federal Reserve's low interest rates for producing a housing bubble. Clearly, low rates helped to fuel the demand for new homes and created profitable lending ...

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Disconnect of risk, reward contributed to difficulty - News-Leader.com

WASHINGTON (AP) _ The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a ...

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Feds consider changes to mortgage program - Salem News

The number of landlords falling behind on their mortgage repayments has soared by 50% as the buy-to-let boom turns to bust. According to Council of Mortgage Lenders (CML) data, the arrears rate in the buy-to-let sector was 1.58%, exceeding the whole ...

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