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Slight boost reported for new home sales
Oct 25 2007 5:13PM (CT)
WASHINGTON (AP) - New home sales posted an unexpected increase in September. Analysts viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer.
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Rates on 30-year mortgages drop sharply
Oct 25 2007 4:07PM (CT)
WASHINGTON (AP) - Rates on 30-year mortgages fell to the lowest level in six weeks as financial markets grew more hopeful that the Federal Reserve will boost the sluggish economy by cutting interest rates further.
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Jobless claims show small improvement
Oct 25 2007 7:51AM (CT)
WASHINGTON (AP) - The number of newly laid off workers filing claims for unemployment benefits fell by fewer than had been expected last week.
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