Business digest


NATION

Mortgage rates edge lower for second-straight week

WASHINGTON — Rates for 30-year home loans edged lower for the second-straight week, a report said Thursday, but remained above last month’s record lows.

The average rate on a 30-year fixed mortgage was 5.06 percent this week, down from 5.09 percent a week earlier, mortgage company Freddie Mac said.

The average rate on 15-year fixed-rate mortgages fell to 4.45 percent, down from 4.50 percent last week, according to Freddie Mac.

Kodak’s suit alleges technology infringement

ROCHESTER, N.Y. — Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras in their iPhone and BlackBerry smart phones.

Kodak, a maker of digital cameras and other photography products, filed a complaint with the U.S. International Trade Commission, alleging the iPhone, Apple’s hottest gadget, and Research in Motion’s camera- enabled BlackBerry devices infringe on a Kodak patent covering technology for previewing photos.

Associated Press