Rate on 30-year mortgage falls to record 4.01 pct.
Fixed mortgage rates have fallen to historic new lows for a fourth straight week and are likely to fall further.
Watchdog: Regulators bowed to banks on bailout
The report found that regulators, to varying degrees, “bent” to pressure from the banks in late 2009 and relaxed the requirements put in only weeks earlier.
Fear in Colo. town at heart of Listeria outbreak
Jensen is the co-owner of the Colorado farm where health officials say a national listeria outbreak originated, making his withering fields the epicenter of a food scare that has sickened dozens of people from Wyoming to Maryland and caused 16 deaths.
- Congress dodges one crisis, now on to the next
In GOP race, Romney, Perry, Paul are the money men
Only three Republican presidential candidates are worth any money — campaign money, that is.
Fewer people applied for unemployment benefits
The number of people applying for unemployment benefits fell last week, though the decline isn’t enough to signal improvement in the job market.
Unemployment benefit requests jumped to 428K
The number of people applying for unemployment benefits jumped last week to the highest level in three months. It’s a sign that the job market remains depressed.
Mortgage default warnings surged in August
Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures.
House to vote on bill targeting Boeing labor case
The bill would prohibit the federal agency from ordering any employer to shut down plants or relocate work, even if a company illegally retaliates against unionized employees.
Officials hope to approve more loan guarantees
The loan guarantees essentially make it easier for the companies to get financing as the government guarantees repayment in the event of default.
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- Rate on 30-year mortgage falls to record 4.01 pct.