Friday closed with a major sell-off caused by better-than-expected employment numbers. So what does that mean for the week ahead? This week is exceptionally quiet in regards to economic news.
What’s Up on Wall Street?
The Dow Jones Industrial Average lost 7.61 points (-0.05%) while the Nasdaq went up 11.86 points (+0.35%). The S&P 500 increased 2.37 points (+0.15%).
Current Mortgage Rates
Here are some of today’s mortgage rates:
- 30-Year Fixed Mortgage: 3.50% (3.702% APR)
- 15-Year Fixed Mortgage: 2.50% (2.911% APR)
- 7-Year ARM: 2.50% (2.975% 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.
CNNMoney
Stocks: Will momentum stick?
The MReport
FHFA: Government guarantee critical to GSE multifamily business
Reuters
Dollar firms, stock rally pauses after U.S. data
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