Leading Indicator Index Higher, and New Jobless Claims Fall - 2004-02-21
Evidence continues to mount that the economy is strengthening and that by one measure, unemployment may be dropping.
And a nationwide survey showed that mortgage rates dropped this week to the lowest level in seven months. The average interest rate on benchmark 30-year mortgages fell to 5.58 percent from 5.66 percent a week earlier, Freddie Mac, the big mortgage company, said in its weekly survey of rates.
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