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Mortgage News for Tuesday - January 9, 2007

More Mortgage News
• Slowing economy to reduce refinance mortgage originations
• New bill targets appraisal, mortgage fraud
• CEOs more bullish on U.S. economy
• No hard-landing in sight for the US economy
• Forecasting Housing Futures
• THE REAL ESTATE DEPRESSION OF 2007
Mortgage News
CEOs more bullish on U.S. economy - 2007-01-09
A key indicator that tracks chief executives' confidence in the economy went up slightly in the fourth quarter, as the majority of businesses plan to increase prices for their goods and services this year, The Conference Board reported today. The Chief Executives' Confidence Measure, which had dropped to 44 in the third quarter of 2006, improved to 50 in the final quarter of 2006, according to The Conference Board's latest survey of almost 100 business leaders in a wide range of industries.
Read the full story at Inman.com
 
No hard-landing in sight for the US economy - 2007-01-09
The US equity market is primed for a steady if unspectacular growth in 2007, leading fund managers have forecasted. The positive outlook is based on an increasing consensus that the US will avoid going into a serious recession. Dominic Rossi, head of global equities at Threadneedle Investments said that construction accounts for only 5% of US employment and the other 95% of the labour market is still tight.
Read the full story at CityWire.co.uk
 






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