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Average Rate on 30-Year Mortgage Ticks Slightly Higher

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    FBN's Diane Macedo breaks down late-morning market news.

  • Duration 0:55
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Hi everyone I'm Diane this data with your Fox Business -- the average rate on a thirty year mortgage.

Think slightly higher but still remain near its record low according to Freddie Mac and now stands at 3.5.

2% that rate fell.

To an all time low of 3.3 1% back in November of last year.

Colgate-Palmolive.

Is announcing a two for one stock split shareholders will receive one additional share for every one they hold at face value of the dollar.

The companies also boosting its quarterly cash dividend 10%.

To 68 cents a share.

And according to the Wall Street Journal are outspoken parent company -- used car shopping will hark back.

Is putting itself up for sale the journal says Pope which provides research forecasting and consulting for the global auto industry could fetch around a billion dollars.

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