Mortgage-backed security prices lived in positive territory yesterday after the ISM Manufacturing report showed factory output was not as large as expected.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 36.63 points (0.28%) while the Nasdaq decreased -2.78 points (-0.09%). Also, the S&P 500 rose 1.55 points (0.11%).
Current Rates
Here are some of today’s rates:
- 30-Year Fixed: 3.375% (3.565% APR)
- 15-Year Fixed: 2.625% (3.037% 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
Baxter to Buy Sweden’s Gambol for about $4 Billion
Washington Post
Boehner, House GOP Leaders Offer “Fiscal Cliff” Counterproposal
Bloomberg
U.S. Stocks Little Changed Amid Government Budget Talks
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