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Tag Archives: treasurys

Rate on 30-year mortgage below 4 pct. for second time

WASHINGTON — The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time in history. Freddie Mac said Thursday the rate on the 30-year fixed loan fell to 3.99 percent, down from 4 percent ...

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Average rate on 30-year mortgage falls to 4 pct.

WASHINGTON — The average rate on the 30-year fixed mortgage fell to 4 percent this week, nearly matching the all-time low hit just one month ago. Freddie Mac said Thursday the rate on the 30-year loan dropped from 4.10 percent ...

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Fed to shift $400B in holdings to boost economy

WASHINGTON — The Federal Reserve will use more than $400 billion to try to drive down long-term interest rates, make home and business loans cheaper and invigorate the economy. Analysts said the moves would provide only a slight economic benefit. ...

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U.S. stocks fall on global economic worries

NEW YORK — More evidence of a slowing global economy sent stocks falling Tuesday and threatened to end the market’s three-day rally. Germany’s economy stalled last quarter and dragged down growth for Europe. In the U.S., reports painted a mixed ...

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Fed’s low-interest pledge lifts stock market

WASHINGTON — The Federal Reserve guaranteed super-low interest rates for two more years Tuesday — an unprecedented step to arrest the alarming decline of the stock market and the economy. Wall Street roared its approval and finished a wild day ...

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