After six days of declines, treasuries rose slightly after data showed U.K. production fell unexpectedly to 1.1 percent. Investors feared the disappointing numbers showed global economic growth is slowing. However, the U.S. economy continues to gather pace after strong hiring numbers were reported last week.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 1.99 points (-0.01) while the Nasdaq also fell 15.57 points (-0.48). Also, the S&P 500 dropped 4.34 points (-0.28).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.839% APR)
- 15-Year Fixed: 2.875% (3.234% 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
Job Openings Rise in January on Retail Bounce Back
HousingWire
OIG Aims to Limit GSEs Interest-Rate Risks
CNNMoney
Dow at New Record, S&P 500 still Shy
WE WANT YOUR FEEDBACK
No comments yet.