Financial roundup: Mortgage rates drop to record low … GM says 7,500 hourly workers decide to leave … Jobless claims set record

    Insider

    Fed aids market: Mortgage finance giant Freddie Mac said today that average rates on 30-year fixed-rate mortgages dropped to 4.85% this week, from 4.98% last week. It was the lowest in the history of …


    Already an INSIDER? .

    We are glad you enjoy reading Business Report.

    Continue reading this story and get ACCESS to all our content from any device with a subscription now.

    • Get access to more than a decade of story archives.
    • Get access to our searchable data center of TOP LISTS.
    • Get exclusive content only available to INSIDERS.