Treasuries Fall for Third Consecutive Day – Market Update

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Treasuries fell for a third day as the government prepares to auction off $24 billion of 10-year notes today. The Treasury Department will auction $16 billion of 30-year bonds tomorrow.

What’s Up on Wall Street?

The Dow Jones Industrial Average decreased 14.05 points (-0.10) while the Nasdaq increased 18.04 points (0.57). Also, the S&P 500 rose 3.93 points (0.26).

Current Rates

Here are some of today’s rates:

• 30-Year Fixed: 3.625% (3.839% APR)
• 15-Year Fixed: 2.875% (3.234% APR)
• 7-Year ARM: 2.625% (3.053% 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.

Bloomberg

U.S. Stocks Advance After Obama’s State of the Union

MarketWatch

U.S. Retail Sales Growth Slows After Tax Hike

CNNMoney

EU, U.S. Aim to Agree Free-Trade Deal