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Mortgage News for Friday - February 9, 2007

More Mortgage News
• Sub-prime mortgage loan market shaken up
• Mortgage Stocks Fall as Poole Says Rates May Rise
• 30-Year Refinance Mortgage Rates Fall to 6.28%
• Fed's Fisher won't rule out rate hikes, strong U.S. economy
• Kyoto would kill economy, critics say
• Foreign real estate flows brighten dollar outlook
Mortgage News
Kyoto would kill economy, critics say - 2007-02-09
Critics say Canada has the ability to meet the Kyoto Protocol targets it agreed to--but the cost would be a weakened economy and millions of job losses. Mark Jaccard, professor of resource and environmental management at Simon Fraser University, indicated that the effect on Canada's economy would be similar to war.
Read the full story at National Post
 
Foreign real estate flows brighten dollar outlook - 2007-02-09
The chance for solid returns in the red-hot U.S. commercial real estate market has boosted its appeal to foreign investors, giving support to the U.S. currency as capital flows into dollar-denominated assets. Unlike the slumping U.S. residential property market, prices and rents in the business and industrial property sectors continue to expand. By some measures, these are among the best performers in U.S. asset markets.
Read the full story at Reuters
 






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