The big news that we are waking up to this morning is that Spain announced a 25% jobless rate. Moody’s came out and said that Europe likely has three more years of pain, however the expectation is that the Euro will hold together.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 7.68 points (-0.06%) while the Nasdaq went up 7.97 points points (0.27%). Also, the S&P 500 dropped 0.37 points (-0.03%).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.50% (3.734% APR)
- 15-Year Fixed: 2.75% (3.22% APR)
- 7-Year ARM: 2.625% (3.131% 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.
Bloomberg
U.S. Stocks Advance as GDP Report Tops Forecasts
The MReport
Capital Economics: Drop in Distressed Sales Good for Builders
The New York Times
U.S. Economy Grew at 2% Rate in 3rd Quarter
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