Mortgages cheap, but hard to get
Posted on May 27th, 2010 by admin
Mortgage rates may be the lowest in many people’s lifetimes, but getting one is not easy.
Duration : 0:1:29
Mortgage rates may be the lowest in many people’s lifetimes, but getting one is not easy.
Duration : 0:1:29
* Fears of Greece contagion rattle markets * Trading glitch may have contributed to Thursday’s tumble * Index gains for 2010 erased * Dow down 1.3 pct, S&P off 1.5 pct, Nasdaq off 2.3 pct * View full post on Exciting Information
* Nonfarm payrolls grow at fastest pace in four years * Private sector hiring up 231,000, four-year high * Jobless rate rises to 9.9 pct as labor force swells * Average workweek edges up to 34.1 View full post on Exciting Information
The Federal Reserve has a slightly rosier view of the U.S. economy as it repeats its pledge to keep rates low.
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Fed Chairman Bernanke says weak job market means interest rates will stay low for a long time.
Duration : 0:1:56
The European Central Bank and the Bank of England keep their interest rates on hold.
Duration : 0:1:53