Mortgage rates dropped to a two-month low yesterday in anticipation of the jobs report today. The market rally was fueled by yet another disappointing day of employment reports.
What’s Up on Wall Street?
The Dow Jones Industrial Average lost 136.45 points (-0.93%) while the Nasdaq also went down 41.18 points (-1.28%). The S&P 500 decreased 16.88 points (-1.08%).
Current Mortgage Rates
Here are some of today’s mortgage rates:
- 30-Year Fixed Mortgage: 3.50% (3.692% APR)
- 15-Year Fixed Mortgage: 2.625% (3.037% APR)
- 7-Year ARM: 2.50% (2.965% 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 sink after dismal jobs report