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Mortgage Rates Trend News

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Defying the national trend, the median price of existing homes in Central Texas rose last month by 7 percent, new figures show. But the U.S. housing and economic downturn still has the region in its grip, as sales fell 25 percent, the steepest ...

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Home sales fall 25 percent, but median price rises - Austin American-Statesman

Tax cuts, strong wage growth and lower interest rates have combined to improve housing affordability to its best level since May 2006, says new research. The Wizard Home Loans Affordability report for October has been affected by the national median ...

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Tax cuts and pay rises make homes more affordable in Oct - New Zealand Herald

Perfect storm of tax cuts, wage growth and lower interest rates improve housing affordability to best level in more than 2 and a half years Tax cuts on October 1, strong wage growth and lower interest rates combined to improve housing affordability ...

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Housing Affordability Best In Two And A Half Years - Scoop

About 225 local employees at HSBC Mortgage Corp. are losing their jobs, as the lender shuts down wholesale and correspondent lending and shifts to direct lending to consumers instead of through brokers. The job cuts represent 20 percent of the 1,100 ...

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HSBC Mortgage to lay off 225 - Buffalo News

NEW YORK - The federal government keeps bailing out the financial industry, but some working in that world seem reluctant to do their part, even if that could help stem the financial system's meltdown. At the center of today's economic and credit ...

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Investors stall mortgage changes - Cincinnati.com

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

NEW YORK (AP) _ Investors did an abrupt turnaround on Wall Street Thursday, muscling the Dow Jones industrial average up more than 550 points after driving it down near its lows for the year on a stream of negative economic and corporate news. After ...

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Wall Street rebounds from selloff, sending major indexes up over 6 pct ... - Allentown Morning Call

Share IRELAND 'S electricity infrastructure has attracted international private equity interest as part of a growing trend of multinational funds seeking European utility investment opportunities. Sarah White , head of energy policy in the Department ...

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BUSINESS DIGEST - Independent

An employee of the Korea Stock Exchange reacts in front of a screen showing the falling Korean benchmark stock index in Seoul, South Korea, Thursday, Nov. 20, 2008. The Korea Composite Stock Price Index declined 68.13 points, or 6.7 percent, to 948 ...

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World stocks down amid fears of deep recession - Washington Post

LONDON -- European stock markets fell, then recovered some lost ground Thursday on expectations Wall Street will not repeat the heavy selloff from the day before. Asian markets closed sharply down. The FTSE 100 index of leading British shares was ...

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