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posted on October 09, 2007 08:00:00 am
Mortgage bond prices are hovering just above their 200-day moving average and are finding resistance to falling lower than that. That means that it will take some sort of push for mortgage rates to rise today. - Six-legged lesson
posted on October 08, 2007 08:00:00 am
Lenders should freeze the introductory rates on hybrid ARMs to reduce foreclosures, the chairwoman of the FDIC says. - Better news on the jobs front
posted on October 05, 2007 08:00:00 am
Nonfarm payrolls grew by 110,000 in September, according to the Labor Department. That's within the range that economists had expected.