The bond market traded fairly flat to down slightly yesterday, and is opening up down slightly further. We’re down ahead of the ISM Non-Manufacturing report because economists are forecasting that the report will show that the U.S. Services industry expanded.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 111.20 points (0.79) while the Nasdaq jumped 30.78 points (0.97). Also, the S&P 500 went up 11.98 points (0.79).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.50% (3.712% APR)
- 15-Year Fixed: 2.75% (3.126% APR)
- 7-Year ARM: 2.50% (2.965% APR)
Visit our mortgage rates page to find out how much you can save with today’s rates, or use our mortgage calculator to find more rates and loan options.
Financial Links
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.
Bloomberg
HSBC to Sell U.S. Consumer, Homeowner Loans for $3.2 Billion
Reuters
Dow Sets Record Hights as Rally Continues
CNNMoney
Home Prices Finally Returning to Normal
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