Economy

Roadside inn reopens after feds tried to shut it down over budget impasse

The owner of a privately run inn along the Blue Ridge Parkway in North Carolina is back in business five days after the federal government forced him to close as a byproduct of...

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Black Friday comes early as computer glitches cause welfare benefits frenzy

Mass chaos swept through Walmarts across Louisiana over the weekend, when shoppers cleared the shelves following a computer glitch over their food stamp cards.

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Economy
3 Americans win Nobel prize for economics

Americans Eugene Fama, Lars Peter Hansen and Robert Shiller won the Nobel prize for economics on Monday for developing new methods to study trends in asset markets.

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Land
California environmentalists, logging industry lock horns over burned trees

A new gold rush may be on in California's Sierra Nevada mountains, but this time the treasure is burned trees to salvage for lumber.

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Economy
AP Interview: Spain minister laments unemployment

Spain's economy minister says his country is emerging from years of recession but will need to boost growth significantly to "make a real impact" on one of the highest...

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Economy
Fewer US homes entered foreclosure track in 3Q

The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third quarter, reflecting a gradually improving housing market and fewer homeowners...

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Economy
Cooper Tire, Apollo Tyres agreement grows strained

Cooper Tire & Rubber Co. shares plunged Monday as its $2.2 billion deal with Apollo Tyres Ltd. becomes more uncertain.

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Economy
Americans cut back on credit cards for 3rd month

Americans cut back on using their credit cards in August for a third straight month, a sign that consumers remain cautious about spending.

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Economy
China urges US to prevent default

The U.S.'s biggest foreign creditor, China, says it's concerned about the deadlock in Washington and is urging all efforts to avoid a default.

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Economy
NY probes rights sold to 'World Trade Center'

New York is expanding its probe nationwide into the 1980s sale of the rights to the name "World Trade Center" to a nonprofit for $10, resulting in millions of dollars in fees...

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Economy
Furlough forecast has fed staffer offering secret message for clearer skies

A National Weather Service employee embedded a secret message in a Friday forecast – one that will assuredly ring true to any furloughed federal employee awaiting the...

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Economy
Profile: Kawabatas in Japan spending cautiously

To understand why people are so cautious with their money five years after the financial crisis, The Associated Press interviewed consumers around the world.

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Economy
German economist: Fear to dog investors for years

Investors around the world have retreated from risk before.

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Economy
Shutdown ruins vacations, hurts local economies

Stop at a cafe in the remote stretches of northern Arizona and southern Utah in the fall, and you're likely to hear a mix of languages as tourists from around the world seek...

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Economy
Growth at US service firms slows from 8-year high

Growth at U.S. service companies slowed in September from an eight-year high in August, as sales fell sharply, new orders dipped and hiring weakened.

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Economy
US employers add 166K jobs in September

A survey shows U.S. businesses added 166,000 jobs last month, a modest gain that suggests hiring continues to improve at a modest pace.

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Loan Type	Rate	Last Week
30 Y Fixed	4.28%	4.26%
15 Y Fixed	3.35%	3.33%
30 Y Fixed Jumbo	4.47%	4.53%
5/1 ARM	3.51%	3.50%
5/1 Jumbo ARM	3.06%	3.10%

Loan Type	Rate	Last Week
$30K HELOC	4.83%	4.85%
$50K HELOC	4.41%	4.40%
$30K Loan	6.17%	6.07%
$50K Loan	5.80%	5.73%
$75K Loan	5.75%	5.68%

Loan Type	Rate	Last Week
36 M New	2.51%	2.49%
36 M Used	2.74%	2.73%
48 M New	2.83%	2.82%
48 M Used	2.49%	2.77%
60 M New	2.92%	2.91%

Loan Type	Yield	+/-	Last Week
6 month	0.40%	--	0.40%
1 yr	0.66%		0.65%
5 yr	1.34%		1.33%

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