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Pending Home Sales Up 5.2% in October

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    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 0:55
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I'm Tracy Byrnes of your Fox Business week for the Securities and Exchange Commission.

Reportedly filed a civil lawsuits against 2 former Euro -- brokers.

Trading ahead of IBM's purchase of the software program SPS test -- internal reporting one of the men learned about the tip from attorney.

-- pending home sales rose more than expected in October signaling the housing market is recovering.

The National Association of Realtors index rose more than 5% from September as steady job gains at a record low mortgage rates.

May have -- home buying more enticing.

Mortgage rates may have a slightly higher last week to continue to have a near record lows.

According to Freddie Mac average rate on a thirty year mortgage is now 3.3.

2%.

Reid has been below 4% off year.

And that's the latest from the Fox Business Network giving you the power to prosper.