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Falling mortgage rates can't thaw other credit - Bridgeton News
NEW YORK (AP) — Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets. Rising rates on corporate bonds and commercial mortgage ...

US mortgage rates post largest drop in 27 yrs-Freddie Mac - Guardian Unlimited
NEW YORK, Dec 4 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages plummeted by 0.44 percentage point in the latest week, the biggest weekly drop in 27 years, according to a survey released on Thursday by home funding company Freddie Mac ...

Paulson considers plan to lower mortgage rates - Houston Chronicle
Treasury Secretary Henry Paulson is considering a new plan to drive down mortgage rates in an effort to resuscitate the U.S. housing market, a government official said. The Treasury, which already has a program to buy mortgage-backed securities ...

Paulson Considers New Plan to Lower Mortgage Rates (Update2) - Bloomberg
Dec. 3 (Bloomberg) -- Treasury Secretary Henry Paulson is considering a new plan to lower mortgage rates in an effort to resuscitate the U.S. housing market, a government official said. The Treasury, which already has a program to buy mortgage ...

Treasury Looking At Plan To Reduce Mortgage Rates To Support Housing - StreetInsider.com
The Wall Street Journal reported this afternoon that Treasury Secretary Henry Paulson is considering a plan to support home prices by reducing mortgage rates on new home loans. Under the plan, which is still in development, the Treasury would use ...

Give owners 5% mortgage and watch economy thrive - Atlanta Journal Constitution
FDIC Chairwoman Sheila Bair deserves credit for proposing a plan to have the government help delinquent homeowners. At least she is trying to solve the mortgage component of the economic crisis and get the economy moving again, which is more than can ...

Treasuries Gain a Seventh Day as Investors Bet on Lower Rates - Bloomberg
Dec. 4 (Bloomberg) -- Treasuries climbed for a seventh day, pushing yields to record lows, as reports showed the recession is deepening and Federal Reserve Chairman Ben S. Bernanke said greater efforts are needed to bolster the housing market. The ...

Durbin, Madigan argue for foreclosure help - Arlington Heights Daily Herald
U.S. Sen. Dick Durbin, the second-highest ranking Senate Democrat, is pushing for the federal government to share losses on mortgage defaults to prod banks to aggressively prevent foreclosures. "If something is not done and done quickly ... it is ...

Head of Financial Rescue Says Treasury Considering Mortgage Rate Plan - FOX News
WASHINGTON -- The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. Under the ...

Kashkari: Treasury considering mortgage rate plan - PR Inside
WASHINGTON (AP) - The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. Under the ...