After MBS prices lost over half a point in price yesterday, it lost another .25 to .375 points this morning. The jobs report was also released this morning and the Unemployment Rate is being reported at 7.8%.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 3.63 points (0.03%) while the Nasdaq fell 6.18 points (-0.20%). Also, the S&P 500 rose 2.14 points (0.15%).
Here are some of today’s 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.
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.
December Jobs Report: Hiring and Unemployment Steady
U.S. Stocks Advance as Data Show Employment Growth
Commercial Mortgage-Backed Securities Market at Crossroads
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