A couple of reports released yesterday showed that the level of treasuries held by dealers dropped, which caused a demand for treasuries. Higher demand means the price goes up.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 9.52 points (-0.07) while the Nasdaq increased 1.78 points (0.06). Also, the S&P 500 rose 1.05 points (0.07).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.839% APR)
- 15-Year Fixed: 2.875% (3.216% APR)
- 7-Year ARM: 2.625% (3.053% 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.
Bloomberg
U.S. Stock-Index Futures Little Changed as G-20 Meets
HousingWire
RMBS Issuance On Track to Generate $12 Billion in 2013
MarketWatch
U.K. Stocks Waver; Retail Sales Show Surprise Drop
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