Rates on 30 year mortgages fall to four month low
Freddie Mac reports 30 year fixed mortgage rates at 5.85 percent this week down from 5.99 percent last week. The decline follows a weak July jobs report of 32 000 new positions, easing fears and prompting investors to push long term rates lower. Averages for 15 year mortgages slipped to 5.24 percent and one year ARMs held at 4.08 percent.
MENTIONED IN THIS ARTICLE
Washington
Freddie Mac
Federal Reserve
Alan Greenspan
Treasury
U.S
Amy Crews Cutts
Fed
Cutts
Washington shoppers rebound with July retail surge
Shoppers who vanished in June returned in July buying cars and big-ticket items, lifting retail sales 0.7 percent. Auto demand rose due to dealer incentives, while unemployment claims fell 4,000 to 333,000, the smallest in five weeks, signaling easing labor stress.
MENTIONED IN THIS ARTICLE
Washington (Ap
Commerce Department
Labor Department
Russia urged to set politics aside in Yukos case
The Bush administration urged Russia to set aside political considerations in its legal fight against Yukos owner Mikhail Khodorkovsky. The State Department called for a solution in line with the rule of law and due process amid rising oil prices and market declines.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
Russia
Yukos
Mikhail Khodorkovsky
United States
State Department
Department
Adam Ereli
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Freddiemac
W. County
Carlos Yafiez
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Homeland Security
Robert Bonner
Customs and Border Protection
General Motors Corp
National Highway Traffic Safety Administration
Buick
Century
Agtenten
E. 42Nd St
Odessa
MBA Online
University of North Texas
Mntecampus.com
Dillard's
Midland Park Mall
Midland
University
North Texas
Odessa American
Janice Graham
Sprint Pcs
Samsung
Th Vision
Sprint
Ruidoso
PCS Center
Prore
Sprintpcs.com
Midland Mall
N. Midkitt
Odessa Santa Fe
East 42Nd St
Pitatt
Hablamos Espanol
N. Grimes
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