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Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Thursday, May 8, 2008: Rates are up .013% from Wednesday. Today (5/8/08) - 6.151% Yesterday (5/7/08) - 6.164% One Week Ago (5/1/08) - 6.146% One

I hope you all had a great April and wonderful first 4 months of this year. How time flies when we're having fun and doing what we love At least I hope you all are!I was recently asked to write

NEW YORK (Reuters) - Stocks rose on Thursday as investors snapped up mining companies' shares, including Alcoa Inc , on higher global metal prices, and a top strategist's upbeat comments on tech boosted the sector.

NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Thursday that the worst of the credit crisis is over, according to sources who attended a speech he delivered in New York.

WILMINGTON, Delaware (Reuters) - Ford Motor Co's turnaround has moved quicker than expected, Executive Chairman Bill Ford Jr. told shareholders at the automaker's annual meeting on Thursday, giving unqualified praise to Chief Executive Alan Mulally's leadership.

RIO DE JANEIRO (Reuters) - Sugar cane and cane-based ethanol became a more important energy source than hydroelectric power plants in Brazil's overall energy complex last year, topped only by petroleum and oil products.

NEW YORK (Reuters) - Bear Stearns Cos Inc disclosed on Thursday that some shareholders want a federal judge to block the troubled investment bank's impending takeover by JPMorgan Chase & Co .

LOS ANGELES (Reuters) - Teen retailers in the United States proved a bright spot in April, as young men and women bucked the recent consumer saving trend affecting the apparel industry to shop and spend as the weather warmed up.

CHICAGO (Reuters) - A shareholder of FedEx Corp filed a lawsuit against the package delivery company's board on Thursday alleging the directors exposed the company to damages by misclassifying employees as contractors.

DETROIT (Reuters) - General Motors Corp has offered American Axle & Manufacturing Holdings $200 million in a bid to clinch a speedy resolution of a strike against a key supplier that has run for more than two months.

The dollar eased against the euro and the yen in the Thursday session, falling to 1.5441 and 103.42, respectively. Central bank decisions garnered the lion's share of the attention today, with the European Central Bank and the Bank of England

NEW YORK (Reuters) - Oil rallied back from early losses on Thursday to strike a fresh record above $124 a barrel as strong diesel demand outweighed signs of rising OPEC supplies.

WASHINGTON (Reuters) - Pharmaceutical companies need to be more responsible in touting products to consumers or else face tighter controls from Congress, a top U.S. Democratic lawmaker said on Thursday.

NEW YORK (Reuters) - U.S. stocks rose on Thursday as a surge in global commodity prices propelled mining and energy shares higher, while technology shares gained after a top strategist said they were a good value.

NEW YORK (Reuters) - American International Group Inc , the world's largest insurer, posted its largest ever quarterly loss on Thursday and said it would raise $12.5 billion to fortify its balance sheet.

The ECB is firmly on hold in the short term as it has to balance the upside risks to inflation against the downside risks to growth. With no big changes, the market reaction was very moderate. Going forward, we think

We are still longer term bullish but expect a sizeable countertrend decline to play out over the next few weeks / month. The choppiness of the advance from the 8/17 low at .8271 may be a leading diagonal as wave

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