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- WASHINGTON Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage giant, reported yesterday that rates on 30-year, fixed-rate mortgages averaged 6.14 percent this week, down from 6.20 percent last week. It marked a sharp decline since rates hit a high of 6.46 percent two weeks ago. Analysts ...
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- Uncle Sam's Credit Line Running Out ? Barron's - 7 hours ago Minerd doubts that private savings in the US and foreign purchases of Treasury debt will be sufficient to meet those government cash. ...
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