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Mortgage News for Thursday - March 2, 2006

More Mortgage News
• US 30-year mortgage and refinance mortgage rates dip
• Real estate trends change over the years
• Man, 34, Goes From Deliveries To Million-Dollar Real Estate
• CEOs see continued US economy strength
• Only a market economy can sustain robust growth
• On the coattails of tech boom, India’s real estate flourishes
Mortgage News
Only a market economy can sustain robust growth - 2006-03-02
Nothing assists the poor like strong economic growth. Still, growth needs to be created to benefit the poor for poverty to be reduced. Weak rates of growth and minor dents on poverty -- Latin America's record over the past two decades except for Chile -- are not positive news. Worse still are the built in inequities that continue to fray the social fabric in all countries.
Read the full story at Miami Herald
 
On the coattails of tech boom, India’s real estate flourishes - 2006-03-02
The technology and outsourcing boom in India has had a generally positive impact on the country's economy, but perhaps hiding slightly under the radar is its cataclysmic effect on the real estate industry, which is now booming.
Real estate is a $50 billion yearly industry in India that will continue to expand at 25 percent a year. This year there is a demand for 23 million square feet of real estate space in India, which will climb to demand for 50 million square feet in 2009.
Read the full story at IndUS Business Journal
 






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