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- www.reuters.com
Freddie Mac could lose $20-$40 billion in 2009: Friedman (Reuters) (Reuters) - Freddie Mac could post losses totaling $20 billion to $40 billion in 2009, hurt by higher credit costs and write-downs in mortgage assets, an analyst at Friedman Billings Ramsey said.
- africa.reuters.com
Oil falls over 4 percent as demand worries trump OPEC - Reuters South Africa Oil falls over 4 percent as demand worries trump OPEC Reuters South Africa, South Africa - Oct 22, 2008 US weekly retail gasoline demand to October 17 fell 6.4 percent year-on-year, Mastercard Advisors said Tuesday, though it rose compared with the previous ...
- biz.yahoo.com
Mortgage rates drop to average 6.2 percent (AP via Yahoo! Finance) Mortgage rates dropped this week, providing a dose of welcome news to prospective home buyers. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.20 percent for the week ending Nov. 6.
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Yaffe plant remains closed after blast (Muskogee Phoenix) ARKOMA — A scrap metal yard near Oklahoma’s border with Arkansas remained closed after an artillery shell exploded, critically injuring an Arkansas man.
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