The mortgage-backed bond market is down slightly from Friday morning, and the market awaits this morning’s U.S. home sales report. The existing home sales report is expected to show that sales rose in the month of December.
What’s Up on Wall Street?
The Dow Jones Industrial Average lost 5.11 points (-0.04%) while the Nasdaq also went down 6.41 points (-0.20%). Likewise, S&P 500 decreased 1.46 points (-0.10%).
Current Mortgage Rates
Here are some of today’s mortgage rates:
- 30-Year Fixed Mortgage: 3.50% (3.723% APR)
- 15-Year Fixed Mortgage: 2.875% (3.234% APR)
- 7-Year ARM: 2.625% (3.121% 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.
CNNMoney
Stocks: taking cues from earnings
Reuters
Wall Street opens flat as investors eye earnings
The MReport
MBA: Slow growth still expected despite positive signs
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