Mortgage Rates Fall in US for 30-Year Fixed Loans
By Brian Louis May 21 (Bloomberg) — Fixed mortgage rates for 30-year US home loans fell for the first time in three weeks as a Federal Reserve program of buying home-loan securities reduced rates.
STOCKS NEWS US-Markets fall as jobs, Fed data hurts optimism
Major US stock indexes fell on Thursday, pressured as signs of further job weakness and a disappointing Fed regional survey fueled doubts about prospects for a quick economic rebound. The Dow Jones industrial average fell 1.7 percent to 8,283.06 while the S&P 500 lost 1.7 percent to 888.23 and …
US crude oil, gasoline stocks fall unexpectedly: EIA
By Haitham Haddadin NEW YORK (Reuters) – US crude oil stocks fell unexpectedly last week, their first drop in 10 weeks, as imports decreased, the federal Energy Information Administration said in weekly data released Wednesday.
NC foreclosures fall 15% in April
The number of foreclosures in North Carolina fell 14.9 percent in April from the same period last year, according to RealtyTrac Inc. The state had 3082 foreclosures in April, with one in every 1339 homeowners receiving a default notice, auction-sale …
Chrysler’s Fall May Help Administration Reshape GM
Auto task force members, from left: Treasury’s Ron Bloom and Gene Sperling, Labor’s Edward Montgomery, and Steve Rattner. BY DAVID E. SANGER and BILL VLASIC WASHINGTON – Fresh from pushing Chrysler into bankruptcy, President Obama and his economic team …
Leading indicators fall; recession seen through summer
By Ruth Mantell, MarketWatch WASHINGTON (MarketWatch) — The recession may continue though the summer, though its intensity may ease, the Conference Board …
Investors Look Beyond Banks, and Shares Fall
By JACK HEALY It seemed like enough to keep Wall Street’s rally going on Monday: The banking giant Bank of America reported a $4.2 billion profit, and two major technology companies announced a merger.
US ECON: March Housing Starts Fall 10.8%; Record Low Permits
Washington, April 16 – Housing starts in March fell by a larger than expected 10.8% to a 510000 annual rate while building permits issued in the month fell to a new record low, the Commerce Department reported today.