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Mortgage News for Thursday - January 26, 2006

More Mortgage News
• Mortgage Group Predicts Continued Economic Growth for 2006
• Paying mortgage discount point: A primer
• U.S. 30-year mortgage and refinance mortgage rates inch up
• Avoid this mortgage trap
• US banks seek more mortgage proposal comment time
• Woods makes real estate splash
• Buoyant durable goods underpin U.S. economy
• Stalwart global economy in '06 predicted
Mortgage News
Buoyant durable goods underpin U.S. economy - 2006-01-26
The US manufacturing sector finished last year in healthy fashion, with durable goods orders climbing by 1.3 per cent. Even with excluding the volatile transport sector, orders were 0.9 per cent higher. Core capital goods orders surged 3.5 per cent. Economic growth for the 2006 year is expected to be 3.6 per cent, with an inflation rate of 2.8 per cent.
Read the full story at MSN Money
 
Stalwart global economy in '06 predicted - 2006-01-26
The global economy is expected to do well again in 2006 with steady but not eye popping growth, despite the challenges of huge U.S. budget deficit, higher interest rates and the threat of higher energy prices, said economists at the annual meeting of the World Economic Forum in Davos.
Read the full story at Seattle Times
 






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