After the release of the Fed minutes, rates rose a bit. There was no new information released from Ben Bernanke claiming reduction of asset purchases will remain dependent on economic data that support economic recovery.
What’s Up on Wall Street?
At the time of this writing, the Dow Jones Industrial Average was up 28.06 points (+0.19%). The Nasdaq rose 28.35 points (+0.79%), and the S&P 500 climbed 8.75 points (+0.54%).
Current Mortgage Rates
Here are some of today’s mortgage rates:
30-Year Fixed: 4.625% (4.841% APR)
15-Year Fixed: 3.50% (3.941% APR)
5-Year ARM: 2.99% (3.141% APR)
Here are some of today’s big financial stories. If you can find any we may have missed, please post below.