Nation briefs - Detroit News WASHINGTON -- Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.35 percent this week, down from Source: www.detnews.com U.S. mortgage rates unchanged on Friday - BestInfo - Reuters NEW YORK, Sept 5 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Friday at 6-1/4 percent, according to BestInfo Inc. If the mortgage market on Monday continues in its current direction, rates may rise Source: www.reuters.com MAD MONEY FEATURES - CNBC Watch the Lightning Round whenever and interest rates wherever you want. [ FRE Loading ( ) ] are in desperate need of the Treasury s help. Earnings have been horrible for every sector other than those you can smoke, drink and interest rates eat. Wouldn t a Source: www.cnbc.com KCP&L Files Rate Increase Requests in Missouri and interest rates Kansas - Forbes KCP&L today filed rate increase requests with the Missouri Public Service Commission (MPSC) and interest rates the Kansas Corporation Commission (KCC) to increase base rates for electric service in all five of its service areas. The requests will raise a typical Source: www.forbes.com Fed Fans Small-Cap Flames - Forbes The Federal Reserve has injected a tremendous amount of liquidity into our monetary system. In less than a year, the Federal Open Market Committee has reduced the federal funds rate from 5.25% to 2%. This is a tremendous reduction in a relatively Source: www.forbes.com Banks see small improvements amid volatile markets - Reuters CALGARY, Alberta, Sept 5 (Reuters) - Financial markets are still volatile and interest rates fragile, with investors fretting over rumors of major bank losses or large portfolios getting dumped onto the market, Josef Ackermann, chief executive of Deutsche Bank Source: www.reuters.com Japan Bonds Have Weekly Loss on Low Yields, Fukuda Resignation - Bloomberg Sept. 6 (Bloomberg) -- Japan's government bonds completed the first weekly decline in two months on speculation yields near the lowest in four months are unattractive given that the Bank of Japan is unlikely to reduce interest rates this year. Ten Source: www.bloomberg.com FAST MONEY FEATURES - CNBC "Question of the Day" right now. Stocks all around the globe fell on Friday mainly due to unemployment figures at home zooming to a five year high. Our nation lost 84,000 jobs, which raised new fears about America s slowdown and interest rates the ripple it s Source: www.cnbc.com
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