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)
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.
Stocks: taking cues from earnings