30-year mortgage rates drop to five-week low (AP)

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The Hudson Tea condominium development, left, a Toll Brothers Inc. development in Hoboken, N.J., is shown with the Hudson River and the Manhattan skyline Thursday, Oct. 23, 2008. Sales of existing homes rose by the largest amount in more than five years in September, a real estate trade group said Friday. The data is a possible glimmer of hope that the housing slump could be starting to bottom out. (AP Photo/Mark Lennihan)AP - Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five weeks.


--- AP ...



categoriaPersonal Finance commentoNo Comments dataOctober 23rd, 2008

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