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The morning bonds are moving higher following the jobless claims report, which showed that more folks filed claims for unemployment benefits last week than forecasted. The market focus still remains on the U.S. lawmakers as it’s expected that our deficit was not lowered enough to avoid another sovereign rating downgrade.

What’s Up on Wall Street?

The Dow Jones Industrial Average decreased 33.83 points (-0.25%) while the Nasdaq fell 2.55 points (-0.08%). Also, the S&P 500 dropped 2.08 points (-0.14%).

Current Rates

Here are some of today’s rates:

• 30-Year Fixed: 3.50% (3.671% APR)
• 15-Year Fixed: 2.75% (3.089% APR)
• 7-Year ARM: 2.625% (3.101% 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.

Reuters

Private Sector Job Gains Offer Hope for Labor Market

Washington Post

Weekly U.S. Unemployment Aid Applications Rise to 372,000; Data Distorted by Winter Holidays

MarketWatch

U.S. Stock Market Mildly Lower After Two-Day Rally