A Freddie Mac survey released Thursday reveals that fixed-rate mortgages shot up this week to an average of 6.04 percent. By comparison, adjustable-rate mortgages are down since the beginning of the year.
Microsoft has said it will make information on some of its key software public in order to make it more compatible with competitors' products. The computer technology giant is under investigation by the European Commission, which accuses Microsoft of thwarting competition.
Pakistan's two main opposition parties have agreed to form a coalition government. Together, the parties of assassinated former premier Benazir Bhutto and of ex prime minister Nawaz Sharif won a majority in Pakistan's parliamentary election Monday.