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Mortgage Rates Continue to Hover Near Record Lows

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    FBN's Lori Rothman breaks down late-morning market news.

  • Duration 1:00
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I'm my across.

Fox Business free pending home sales climbing higher in September but fell short of expectations.

For the national association builders.

Sales are still up fourteen and half percent from the same time last year.

Meanwhile mortgage rates continue to hover near record lows Clinton Freddie Mac the average rate on thirty year mortgage rose slightly last week to 3.4 1%.

Three weeks ago the rate touched 3.3 6%.

Its lowest level on record dating back to 1971.

Well Americans will spend a record eight million dollar celebrating Halloween this year for The National Retail Federation.

American Express saving and spending tracker reporting consumers will spend an average of -- 123 dollars -- -- expects more than twice.

The average -- -- -- dollar spent.

A year ago what -- sugar -- That's -- -- the Fox Business Network giving -- the power to prosper.

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