Top Asian News At 11:30 P.m. Gmt – Yahoo News

Average US 30-year mortgage rate at 4.14 percent – seattlepi.com

CANBERRA, Australia (AP) In 2007, Australians were ready to do something to combat climate change, even if it was expensive. More than two-thirds of them said so in a poll, and both major political parties vowed to make industries pay for greenhouse-gas emissions. The undoing of that perspective will likely be complete after a new Senate is sworn in Monday. http://news.yahoo.com/top-asian-news-11-30-p-m-gmt-233245840.html

They have fallen in recent weeks after climbing last summer when the Federal Reserve began talking about reducing the monthly bond purchases it was making to keep long-term borrowing rates low. The Fed issued a statement last week suggesting that it wants to see further improvement in the economy before it starts raising its key short-term interest rate. The central bank offered no clearer hint of when it will raise that rate, which is at a record low near zero. At 4.14 percent, the rate on a 30-year mortgage is down from 4.53 percent at the start of the year. http://www.seattlepi.com/business/personal-finance/article/Average-US-30-year-mortgage-rate-at-4-14-percent-5674344.php

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