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Refinance Home Mortgage Loans

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Refinance Home Mortgage Loans

Mortgage crisis hurts metro economies (BizJournals)
nomic growth in 361 metropolitan areas will slow as a result of the nation's mortgage crisis, according to a study by the U.S. Conference of Mayors.

Mortgage rescue plan no solution for many
ttle Times - WASHINGTON — If lenders temporarily freeze low introductory interest rates on home loans made to risky borrowers before they soar, it would be a modest fix for the country's fractured housing market. The problems are so far-reaching, analysts say.

U.K. Rate Vote Splits Economists the Most Since 2004 (Update2)
omberg - Concern about losses from the U.S. subprime mortgage markets has made banks reluctant to lend to each other, pushing up borrowing costs for companies and households. The cost of borrowing pounds for three months rose to 6.61 percent Nov. 30. That's 0.

Wall St seen opening weaker after four-day rally
ters - Treasury Department and mortgage industry leaders are putting the final touches to a plan that could save struggling homeowners from foreclosure by freezing interest rates before they reset sharply higher. Treasury Secretary Henry Paulson is expected.

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