Bond markets are down slightly this morning on what should be a quiet New Year’s Eve trading day. Today is the last day for legislators to avoid the tax hikes and spending cuts that would go into effect at midnight if Congress is unable to reach a deal.
What’s Up on Wall Street?
The Dow Jones Industrial Average gained 18.47 points (+0.14%), while the Nasdaq also went up 24.59 points (+0.83%). Likewise, the S&P 500 increased 6.43 points (+0.46%).
Current Mortgage Rates
Here are some of today’s mortgage rates:
- 30-Year Fixed Mortgage: 3.375% (3.607% APR)
- 15-Year Fixed Mortgage: 2.75% (3.089% APR)
- 7-Year ARM: 2.50% (3.053% APR)
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 Wall Street Journal
Congress meets cliff’s edge