The bond market was more volatile yesterday although we were right back where we started at the close. Economists project the Fed will reduce QE in the fourth quarter to $50 billion from $85 billion.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 48.27 points (-0.33%) while the Nasdaq fell 11.22 points (-0.34%). Also, the S&P 500 dropped 5.23 points (-0.33%).
Here are some of today’s rates:
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.
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.
Construction Spending Rate Hits Seven-Month Low
Home Prices Rise at Highest Rate in Seven Years
New York Times
Banks Resist Strict Controls of Foreign Bets
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