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TODAYS TOP STORIES
US rate on 30-year mortgage rises to 3.63 percent
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) -- The average U.S. rate on the 30-year fixed mortgage rose this week to its highest level in seven months but remains near historic lows. Low mortgage rates have helped support the gradually recovering housing market.
Freddie Mac says the average rate for the 30-year fixed loan rose to 3.63 percent from 3.52 percent last week.
It's the highest rate since August. But it's still near the 3.31 percent reached in November, which was the lowest on records dating to 1971.
The average rate on the 15-year fixed mortgage rose to 2.79 percent, up from 2.76 percent last week. The record low is 2.63 percent.
Cheap mortgages are encouraging more people to buy or refinance and are helping sustain the economy's recovery. The increased sales are also helping lift home prices.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted: Sunday, March 17 2013, 12:11 PM CDT
IN OKLAHOMA NEWS
Moore post office service increases; streets open
May 24, 2013 17:29 GMT
MOORE, Okla. (AP) -- Public agencies in Moore have opened streets to residents and resumed mail delivery to as many addresses as possible.
At a news conference Friday, police said residents in the hardest-hit areas can go back into their neighborhoods without having to deal with police checkpoints. Some road closures may still occur as utility crews work to restore service.
Moore's postmaster said 85 percent of mail delivered from the Moore station is being delivered, and that mail deliveries from the Santa Fe station are up to 95 percent.
For those whose mail is not being delivered, those with ZIP codes 73153 and 73160 can pick up mail at the Airport Finance unit on Air Cargo Road.
Those in ZIP code 73170 can go to the Santa Fe station for their mail.
OKLAHOMA HEADLINES
Moore post office service increases; streets open
Friends remember `The Wall' after Okla. tornado
Okla. Legislature OKs tax breaks for storm victims
Mock drill in SD riles Keystone pipeline opponents
Pace slows in testing after Tulsa health scare
Business recovery center to open in Okla.
Hearing could resume in case of 4 Tulsa deaths
Okla. lawmakers work to adjourn 2013 Legislature
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OKLAHOMA WEATHER
77°
From the FOX 25 First Forecast Center..
It's Friday and the weather is looking good for the holiday weekend. We can't rule out isolated to random showers and storms from time to time but nothing organized. ...
Business News
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
Consumer Info
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
Science/Tech News
IN THE NEWS: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.
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EAST HAMPTON, N.Y. (AP) -- Dr.
IE6 Float Fix
