Cypriot investors ran from their volatile domestic market into the safe haven of U.S. bonds. This increase in demand for safer assets could cause rates to improve over the next week.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 20.75 points (0.14) while the Nasdaq decreased 0.83 points (-0.03). Also, the S&P 500 dropped 0.14 points (-0.01).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.787% APR)
- 15-Year Fixed: 2.625% (3.037% 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.
Reuters
Housing Starts Point to Growing Economic Momentum
MarketWatch
Stocks Reconsider Gains with Fed Ahead
CNNMoney
Forget about Market Fundamentals
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