Ten-Year Securities Snapped After Two Days of Gains – Market Update

Ten-Year Securities Snapped After Two Days of Gains - Market Update Ten-year securities snapped after two days of gains, despite early advances amid speculation economic growth will slow as the Federal Reserve reduces its stimulus efforts. The Commerce Department will revise its estimate of gross domestic product in the fourth quarter to 0.5% growth from a 0.1% contraction before the official report is released February 28.

What’s Up on Wall Street?
The Dow Jones Industrial Average gained 43.62 points (+0.31%) while the Nasdaq also went up 14.87 points (+0.47%). The S&P 500 increased 5.14 points (+0.34%).

Current Mortgage Rates
Here are some of today’s mortgage rates:

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.

The MReport
Existing-home sales rise as prices drop to 10-month low

Reuters
Wall Street rebounds as technology stocks gain

CNNMoney
Housing rebound continues with strong sales and price gains

 

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