The bond markets are opening somewhat higher this morning ahead of tomorrow’s release of the minutes of the Federal Reserve’s latest policy meeting. The market is looking for more detail on the timing of a withdrawal of stimulus.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 48.27 points (0.35) while the Nasdaq went up 11.79 points (0.37). Also, the S&P 500 rose 6.36 points (0.42).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.829% APR)
- 15-Year Fixed: 2.875% (3.197% APR)
- 7-Year ARM: 2.625% (3.023% 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.
Reuters
Bipartisan Commission Proposes $2.4 Trillion Deficit Reduction
MarketWatch
Europe Stocks Rally After German ZEW Report
Washington Post
Google’s Stock Reaches $800 Milestone More Than 5 Years After Hitting $700 For 1st Time
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