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Abu Dhabi firms set up new UAE mortgage lender
AP - Five state-run and publicly traded companies in Abu Dhabi are launching a new mortgage provider as the credit crunch threatens to stifle the United Arab Emirates' property boom.
Mortgage rates dip for fourth straight week
AP - Rates on 30-year mortgages sank for a fourth straight week, falling below 6 percent for the first time since early October, and are heading lower due to the government's massive new effort to aid the U.S. housing market.
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