Treasuries snapped a three-day gain before the U.S. government sells $99 billion of notes this week, which starts with $35 billion two-year securities today. Demand for treasuries was dampened as economists report new home sales increased in January and consumer confidence improved as well.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 10.52 points (-0.08) while the Nasdaq increased 4.61 points (0.15). Also, the S&P 500 fell 0.65 points (-0.04).
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.818% APR)
- 15-Year Fixed: 2.875% (3.216% APR)
- 7-Year ARM: 2.50% (2.985% APR)
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.
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