The bond market is fairly flat compared to where we last set pricing yesterday morning. With no economic releases on the docket this morning, the market will be focused on the $32 billion Treasury action as well as President Obama’s State of the Union address tonight.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 18.97 points (0.14) while the Nasdaq decreased 1.48 points (-0.05). Also, the S&P 500 rose 0.84 points (0.06).
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.808% APR)
- 15-Year Fixed: 2.875% (3.197% APR)
- 7-Year ARM: 2.625% (3.033% APR)
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.