http://www.chicagotribune.com/business/breaking/chi-mortgage-lending-at-lowest-level-since-1997-20110818,0,5735441.story
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BUCKS BLOG: Mortgage Rates Hit 50-Year Low
The 30-year fixed-rate mortgage reached a 50-year low this week of 4.15 percent, before points.
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ECONOMIX BLOG: A Second Great Depression, or Worse?
The 19th century, with technological change remaking the economy, had long, traumatic slumps, and the reaction is echoed in electoral politics today, an economist writes.
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Bank of America Plans Big Layoffs to Cut Costs
With its stock down more than 50 percent since January, Bank of America is set to eliminate at least 3,500 jobs in the coming months to cut quarterly costs by $1.5 billion.
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U.S. Inquiry Eyes S.&P. Ratings of Mortgages
The Justice Department is investigating whether Standard & Poor's rated mortgage securities improperly leading up to the financial crisis.
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At Vacant Homes, Foraging for Fruit
Some urban foragers have turned their focus to the produce ready to be picked at abandoned or foreclosed homes.
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Low Rates May Do Little to Entice Nervous Consumers
Low interest rates, which usually persuade consumers to spend, are not working this time for reasons including anxiety over jobs and tighter lending standards.
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MORTGAGES: Borrowing in Retirement
About a third of households headed by someone 65 and older have a mortgage, according to the latest census data.
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