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U.S. mortgage rates fall to record low: Freddie Mac

Reuters - Thu Dec 3, 11:42 am ET

U.S. mortgage rates dropped to a record low in the latest week, as rates fell for a fifth straight week, a closely watched mortgage survey showed Thursday.

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Ancient Morocco adds modern amenities in bid to boost tourism
USA Today - 2 hours 2 minutes ago
A construction boom in Morocco comes after an ambitious plan launched by the king almost a decade ago to increase tourism by enhancing infrastructure and ratcheting up promotion.
Official says Iran to limit cooperation with IAEA
AP via Yahoo! News - 2 hours 3 minutes ago
A nuclear official said Friday Iran will not answer to the U.N. nuclear watchdog about its plans to build 10 new uranium enrichment sites beyond the barest minimum required under the international nonproliferation treaty.
Winter's here, yet Illinois corn harvest drags on
AP via Yahoo! News - 2 hours 17 minutes ago
Ken Beck isn't much of a golf fan, but the 48-year-old corn farmer was a relieved to have Tiger Woods' troubles to talk about Thursday.
Polanski's family eager for house arrest to begin
AP via Yahoo! News - 2 hours 30 minutes ago
Roman Polanski's family waited eagerly at the director's Alpine chalet on Friday, peeking out the windows to look for him as Swiss authorities worked out the last-minute details of his transfer to house arrest.
Ask AP: Thorium fission, health care costs
AP via Yahoo! News - 2 hours 33 minutes ago
When most people think of nuclear fuel, uranium and plutonium come to mind. Should a different fuel — something called thorium — be used in our nuclear reactors instead?
Pro-violence abolitionist John Brown studied in NY
AP via Yahoo! News - 2 hours 34 minutes ago
John Brown, the 19th-century abolitionist who advocated armed violence, is drawing a diverse crowd this week to study how his fight against slavery continues to play in America.
Rehire Bernanke
Investor's Business Daily via Yahoo! News - Thu Dec 3, 7:08 pm ET
Regulation: When Fed chief Ben Bernanke sat before the Senate on Thursday, he was blamed for everything but the Afghan War. Truth is, Bernanke may have kept the U.S. from falling into a Depression.
Retailers: Embrace Web 3.0
Forbes - 2 hours 44 minutes ago
Online specialty retail brands are building sizable businesses. Using new Web strategies can take them further.
Swiss get ready to move Polanski to house arrest
AP via Yahoo! News - 2 hours 55 minutes ago
Roman Polanski's family Friday prepared a welcome for the film director in his Alpine chalet Friday as authorities worked out the last-minute details of his transfer to house arrest.
Agency Debt Climbs, Pushing Risk Premiums To Lowest of Year
Nasdaq - Thu Dec 3, 4:32 pm ET
NEW YORK -(Dow Jones)- Risk premiums on mortgage-backed securities guaranteed by Freddie Mac (FRE), Fannie Mae (FNM) and Ginnie Mae narrowed Thursday, extending a trend that has confounded buyers of these bonds but delighted those who own them.
36 Hours in South Beach, Fla.
New York Times - Fri Dec 4, 5:41 am ET
The currently fashionable rooftop pool and bar at the Gansevoort South hotel.
A Famed Paris Restaurant to Auction Its Wines
New York Times - Fri Dec 4, 5:35 am ET
In a downturn, the restaurant La Tour d’Argent will sell a modest 4 percent of its 450,000-bottle collection, a first since the restaurant opened in 1582.
Mortgage Rates in the U.S. Decline to a Record Low (Update1)
Bloomberg - Thu Dec 3, 12:40 pm ET
Dec. 3 (Bloomberg) -- Mortgage rates for fixed 30-year loans in the U.S. dropped to a record low amid signs that the housing market is beginning to emerge from the worst slump since the 1930s.
‘When China Rules the World’
New York Times - Thu Dec 3, 6:10 pm ET
“Since 1945 the United States has been the world’s dominant power.”
ABB to appeal over Libya verdict on Swiss employee
Reuters via Yahoo! News - Fri Dec 4, 4:58 am ET
Engineering giant ABB said on Friday its lawyers would appeal on behalf of Swiss employee Max Goeldi, who has been held in Libya for over a year and was handed a jail term for immigration offences this week.