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Washington mortgage rates news:
30-year mortgage rates dip below 6% - Billings GazetteWASHINGTON - Rates on 30-year mortgages fell below 6 percent this week, recording the first decline in three weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 5.94 percent this week, down from 6.10 ...
Global creditors end U.S. spending spree - The Washington TimesThe crash unfolding on Wall Street is not just the fall of once-mighty banks and corporations that took on too much debt, but the collapse of an American economy and lifestyle that for decades has been purchased with credit cards. The nation's ...
Credit crunch hits Bay Area housing market hard - San Francisco GateSunday, October 12, 2008 Cheap credit played a dramatic role in fueling the housing boom of the late 1990s and early 2000s, particularly in places like the Bay Area, where buyers relied heavily on unconventional loans to purchase homes that would ...
Finance ministers seek to calm markets - Times UnionWASHINGTON -- Global finance ministers kept searching for ways to tackle the unfolding financial crisis, turning their attention to its effects on rapidly developing countries and poor nations at risk of being swept up in the turmoil. President Bush ...
Rates on 30-year mortgages rise to 6.1% - Fort Wayne Journal GazetteWASHINGTON – Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 percent last week, up ...
Robinson: So, how bad is it? Exactly. - Argus LeaderWASHINGTON - When I lived in Buenos Aires in the late 1980s as a correspondent for The Washington Post, Argentina's economy was going through spasms of hyperinflation. My office was in the heart of the financial district, where banks and currency ...
Data show private sector caused crisis - Lexington Herald-LeaderWASHINGTON — As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail ...
The biggest bet in the world - Guardian UnlimitedIt was 19 minutes to noon on Wednesday when Gordon Brown took the call from Mervyn King. With the seconds ticking away to the Prime Minister's first Question Time in the Commons since the summer break, the governor of the Bank of England had dramatic ...
Many pieces go flying from mortgage implosion - Dallas Morning NewsWASHINGTON – Your taxpayer credit card is on the counter, all set to get the economy moving again. Caveat emptor – let the buyer beware. The value of the mortgage-backed securities the federal government is set to buy is hard to decipher when the ...
Germany Guarantees Private Bank Accounts - Washington PostSTOCKHOLM, Sweden -- Germany became the latest country to move to allay fears about the financial meltdown, enhancing a rescue plan for Hypo Real Estate AG and guaranteeing private bank accounts as European governments scrambled on their own Sunday ...
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