The market continued to sell off as investors continue to move away from Treasuries yesterday. A trend that might continue today with positive job news scheduled to be released, signaling the economy continues to improve. U.S. companies added 198,000 workers last month, exceeding economists’ estimations.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 46.80 points (0.33) while the Nasdaq also went up 4.78 points (0.15). Also, the S&P 500 rose 2.52 points (0.16).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.808% APR)
- 15-Year Fixed: 2.75% (3.163% APR)
- 7-Year ARM: 2.50% (2.985% 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
Fourth-Quarter Productivity Weakest in Four Years
Bloomberg
U.S. Stocks Advance as Jobless Claims Unexpectedly Drop
CNNMoney
U.S. Trade Deficit Widens to $44.4 Billion in January as Exports Drop and Oil Imports Rise
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