| Rates for July 24, 2008 | |||
|---|---|---|---|
| 30 year fixed | 6.375% | 6.420% |
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| 15 year fixed | 6.000% | 6.050% |
|
| 5/1 ARM | 6.125% | 5.670% | -- |
| 30 Year Jumbo | 8.125% | 8.150% | -- |
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Business and financial news - CNNMoney.comFrom CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
 Stocks sink on grim economic newsStocks fell Thursday, with the Dow industrials sinking more than 100 points, as initial jobless claims rose and existing home sales fell more than expected. |
| Home sales weaken again Sales of existing homes slowed more than expected in June while inventory increased, according to an industry trade group reading of the sluggish housing market released Thursday. |
| UBS hit with New York auction-rate security suit New York State Attorney General Andrew Cuomo Thursday brought a multi-billion dollar civil lawsuit against the Swiss banking giant UBS for allegedly duping everyday investors into buying auction-rate securities. |
| Ford's worst quarterly loss ever Ford Motor Co. announced plans to transform its vehicle lineup on Thursday and reported the largest quarterly loss in its 105-year history. |
| Government uncovers oil price manipulation The government charged an oil trading firm Thursday with manipulating oil prices, the first complaint to be announced since the regulators began a new investigation into wrongdoings in the energy markets. |
| 2.2 million vacant homes for sale The percentage of vacant homes available for sale remained relatively flat in the second quarter, but still hovered in record territory. |
| Oil: Magic price for a stock rally Oil's on sale! |
| U.S. still a bargain for expats A falling dollar is making the United States a cheaper place for foreigners to live - just as other countries are getting harder on American wallets. |
| Why we tolerate bailouts For the second time this year, the government is considering the use of taxpayer money to rescue private companies. Sen. Jim Bunning warns of creeping socialism, but he seems to have found few allies. As financial skeptic James Grant recently mused, Why no outrage? |
| New minimum wage kicks in The federal government is set to boost the nation's minimum wage Thursday in the second of three increases mandated by Congress. |
| Black in America: Jobs wanted - and needed |
| 5 money mistakes to avoid You don't have to wait for new laws based on behavioral economists to save you from the money mistakes you're hardwired to make. You can implement your own fixes using their techniques. |
| Middle class: 'On the edge' America's middle class is growing increasingly squeezed by sagging incomes and soaring expenses, experts told Congress on Wednesday. |
| Retirement planning for mom and dad Saving for your own retirement is tough enough. You don't want to be taking care of mom and dad too. Help them plan their finances before they reach their golden years. |
| A plan to help you save more, retire young On April 15, 2018, Johnny Behave wakes up feeling pleased with himself. His tax return was filed weeks ago, thanks to the IRS' Insta-File service, which e-mailed him a completed form for his approval. One click and his taxes were done. He has no worries about having enough money for his kids' college or his own retirement because his employer's Save-a-Bundle plan automatically suctions money from his paycheck and hikes the withdrawal rate as his salary rises. |
| 3M profit gets boost Read full story for latest details. |
| Microsoft's online chief to leave Microsoft Corp. executive Kevin Johnson, who headed the software giant's online business and played a key role in the bid to buy Yahoo Inc., is leaving the company, Microsoft announced Wednesday. |
| Amazon shows resilience Read full story for latest details. |
| Jobs' health: What's going on The Apple CEO looks ill. The company won't talk about it. And investors are nervous. Here's one plausible explanation for Jobs' gaunt appearance. |
| Qualcomm, Nokia settle dispute Read full story for latest details. |
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