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Mortgage Rates for 30-Year U.S. Home Loans Match Record Low Set in April Fixed 30-year mortgage rates dropped for a fourth consecutive week, matching a record low set in April, in a decline that may further support increasing sales in the battered housing market.

California Home Market Turned Corner to Recovery, Realtors Economist Says California, one-time hub of subprime mortgage lending and the nation’s leader in home foreclosures, has turned the corner toward a housing recovery, according to the state Association of Realtors.

Company Profits in U.S. Stage Lopsided Gain as Financial Firms Pull Ahead Profits at U.S. companies climbed in the third quarter by the most in five years as earnings at banks surged.

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Columns


JOHN F. WASIK
If you need to refinance your home mortgage, don’t wait.
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Jane Bryant Quinn

I’m among the last people standing who think that Paul Volcker is right about money-market mutual funds. They pose a systemic risk to the financial system and need a radical fix.

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John Dorfman

As an unrepentant cheapskate, I almost never pay more than 15 times earnings for a stock.

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