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Rates drop for third straight week
Associated Press - November 20, 2008 11:23 AM ET WASHINGTON (AP) - The cost of financing a home purchase is dropping. Mortgage finance giant Freddie Mac says the average for 30-year,...
LocalNews8.com  –  Nov 20, 2008 4:23 PM [GMT]  –  comment?
found in Local: Idaho: Idaho Falls
Mortgages: Mortgage rates drop again: Freddie Mac
Mortgage rates fell this week, reflecting continued concerns about a slowing economy, Freddie Mac’s chief economist said on Thursday.
MarketWatch.com  –  Nov 20, 2008 3:47 PM [GMT]  –  comment?
found in Business
Freddie Mac: Mortgage rates decline again
NEW YORK (MarketWatch) -- U.S. fixed-rate mortgages fell for the third straight week, according to Freddie Mac's survey released Thursday. The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 6.04% in the week ending Thursday, down from last week's 6.14% an ... more »
MarketWatch.com  –  Nov 20, 2008 3:09 PM [GMT]  –  comment?
found in Business: Markets
A Skeptical Outsider Becomes Bush's 'Wartime General'
Second of two articles The pressure on Henry M. Paulson Jr. in early September was greater than at any other time during his tenure as Treasury secretary. As he pored over the books of mortgage giants Fannie Mae and Freddie Mac, he discovered that they were about to collapse and that the financial.. ... more »
Washington Post  –  Nov 19, 2008 05:00 AM [GMT]  –  comment?
found in Politics
Federico succeeds Bitsberger as Freddie Mac treasurer: WSJ
SAN FRANCISCO (MarketWatch) -- Freddie Mac's Treasurer Timothy Bitsberger has left the company, The Wall Street Journal said Tuesday on its Web site, citing a company spokeswoman. Bitsberger, a former U.S. Treasury official, is succeeded by Peter Federico, an asset and liability management seni ... more »
MarketWatch.com  –  Nov 18, 2008 5:42 PM [GMT]  –  comment?
found in Business: Markets
Freddie Mac Treasurer Departs
Freddie Mac replaced its treasurer, Timothy Bitsberger, the latest move in a series of management changes since federal regulators seized control. Peter Federico, senior vice president for asset and liability management, will take the post.
Wall Street Journal  –  Nov 18, 2008 5:39 PM [GMT]  –  comment?
found in Business: Markets
Paulson, Bernanke defend financial market rescue efforts
WASHINGTON (MarketWatch) -- Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Ben Bernanke defended on Tuesday their stewardship of the $700 billion financial market rescue plan. In prepared remarks to the House Financial Services panel, Paulson said that there was "no playboo ... more »
MarketWatch.com  –  Nov 18, 2008 2:34 PM [GMT]  –  comment?
found in Business: Markets
Freddie Mac projects slower recovery for housing
SAN FRANCISCO (MarketWatch) -- Freddie Mac said Monday it had raised its projections for mortgage rates and lowered its forecast for a rebound in home building and sales. The mortgage finance giant that's now owned by the U.S. government said it sees rates on 30-year fixed-rate mortgages holdin ... more »
MarketWatch.com  –  Nov 17, 2008 6:32 PM [GMT]  –  comment?
found in Business: Markets
Freddie Mac May Need $50 Billion From Feds Next Year
Earnings losses could reach $40 billion in 2009, analyst says
U.S. News & World Report  –  Nov 17, 2008 4:39 PM [GMT]  –  comment?
found in Top Stories
Lowe???s profit falls 24%
Lowes Cos. Inc. says its earnings fell 24.1 percent in the latest quarter, with the home-improvement retailer citing a slowdown in sales of big-ticket items. (LOW) Mon, 17 Nov 2008 14:28:09 GMTHatteras Networks cuts 25% of staffhttp://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/triangle/stor ... more »
Triangle Business Journal  –  Nov 17, 2008 3:54 PM [GMT]  –  comment?
found in Local: North Carolina: Raleigh-Durham