Yesterday’s strong housing data, improved industrial production, and heavy mortgage origination volume sent MBS prices tumbling down. Treasuries are improving this morning as the initial Jobless Claims report came in at 388,000, 49,000 higher than last week.
What’s up on Wall Street?
The Dow Jones Industrial Average increased 6.04 points (0.04%) while the Nasdaq dropped 7.63 points (-0.25%). Also, the S&P 500 fell 2.02 points (-1.39%).
Here are some of today’s rates:
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.
National Mortgage News