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).
Current Rates
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)
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.
HousingWire
Yellen: Housing Stakes a Minor Role in Post-Recession Recovery
Reuters
Yen Steady, Euro Rises after G7 Fires Currency Warning
CNNMoney
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