The Dow hit an all-time high yesterday, which lessened demand for the safest assets. With money moving away from Treasuries and MBS, we saw pricing decline throughout the day.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 44.20 points (0.31) while the Nasdaq also went up 2.54 points (0.08). Also, the S&P 500 rose 2.80 points (0.18).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.50% (3.733% APR)
- 15-Year Fixed: 2.75% (3.145% APR)
- 7-Year ARM: 2.50% (2.975% 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.
MarketWatch
U.S. Stocks Open Up, Extending Record Run
CNNMoney
Dow Climbs Further into Record Territory
HousingWire
Mortgage Applications Shoot Up 14.8%
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