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Meltdown far from over, new mortgage crisis looms (AP)

Posted on November 28th, 2008

01 a.m. EST for Black Friday sales has shoppers seeking bargins and discounts Nov. 28, 2008 in Reading, Pa. (AP Photos/Bradley C Bower)AP - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events poisoning the housing market.


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Meltdown far from over, new mortgage crisis looms (AP)

Posted on November 27th, 2008
AP - The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide.

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Mortgage rates fall for 2nd day; won’t help all (AP)

Posted on November 26th, 2008
AP - Mortgage rates fell for the second day in a row Wednesday, and could be heading toward levels home buyers and owners haven't seen this year.

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Mortgage rates dip for fourth straight week (AP)

Posted on November 26th, 2008

(L-R) Victoria Lopez, Soledad Martinez and Amelia Rangel rally to ask state lawmakers to stop home foreclosures and help modify loans at the State Capitol in Sacramento, California November 25, 2008. The U.S. Federal Reserve threw a massive life-line to consumers on Tuesday with two new programs aimed at making it easier for them to obtain loans for homes, cars and on credit cards. The new mortgage-support facility was intended to strike at the collapsed housing market, the core of the United States' economic woes. REUTERS/Max Whittaker (UNITED STATES)AP - Rates on 30-year mortgages sank for a fourth straight week, falling below 6 percent for the first time since early October, and are heading lower due to the government's massive new effort to aid the U.S. housing market.


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Credit still crunched even as mortgage rates fall (AP)

Posted on November 26th, 2008
AP - Mortgage rates sank again Wednesday, but investors are worried that getting a loan will still be a tough feat.

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Abu Dhabi firms set up new UAE mortgage lender (AP)

Posted on November 26th, 2008
AP - Abu Dhabi launched a new home loan provider Wednesday in the latest effort by the United Arab Emirates to protect its property boom from the global credit crisis.

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Plan Retirement with a Budget Posted By : Ranju Kumar

Posted on November 26th, 2008
Have you ever sat down and figured out how much you need for retirement. You might have a 401 K and feel like that is enough. Do you know how much is in your retirement plan?

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