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Clean Wisconsin supports group’s emissions research

Clean Wisconsin Inc. officials on Thursday showed support for research by the Earth Policy Institute that indicates national carbon emissions may drop by as much as 9 percent between 2007 and 2009.

The Earth Policy Institute data indicate that individual states can combat the effects of global warming, according to a statement attributed to Peter Taglia, Clean Wisconsin’s staff scientist.

According to the statement, new state commitments to renewable energy production, an emphasis on energy efficiency and higher vehicle fuel-efficiency standards are all responsible for reducing emissions, and Wisconsin has the tools to continue the trend.

University of Wisconsin reports stimulus impact

Madison (AP) — The University of Wisconsin System says it has received $83 million in federal stimulus money so far and that saved or created 137 jobs.

The university reported Thursday that through September it had only spent about $5.2 million of what has been sent in 263 awards.

The Madison campus received the most money at $75.4 million followed by Milwaukee at just more than $4.4 million.

Earlier this week the state reported that nearly 8,300 jobs were created or saved by the stimulus. That report did not include totals from the university system or federal money that was awarded directly to local communities, private businesses and others.

Gov. Jim Doyle said Thursday he believes the impact of the stimulus is much broader than the reports show.

Rates on 30-year home loans inch up, to 4.92 percent

Washington (AP) — Rates for 30-year home loans have risen slightly, but remained below 5 percent for the third straight week.

The average rate on a 30-year fixed mortgage was 4.92 percent this week, up from 4.87 percent a week earlier, according to a report Thursday from mortgage company Freddie Mac. Rates, while above the record low of 4.78 percent hit in the spring, are still attractive for people looking to buy a home or refinance.

The average rate on a 15-year fixed-rate mortgage rose to 4.37 percent, from 4.33 percent last week, according to Freddie Mac.

Rates on five-year, adjustable-rate mortgages averaged 4.38 percent, up from 4.35 percent a week earlier.

Rates on one-year, adjustable-rate mortgages inched up to 4.6 percent from 4.53 percent.

Foreclosures rise 5 percent from summer to fall

Washington (AP) — The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall.

The crisis affected nearly 938,000 properties in the July-September quarter, compared with about 890,000 in the prior three months, according to a report Thursday by RealtyTrac Inc. That puts foreclosure-related filings on a pace to hit about 3.5 million this year, up from more than 2.3 million last year.

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