Remember when the market cared about the Trade Deficit? The once important report failed to move the needle yesterday. Overnight Treasuries advanced for the first time in three days as foreign investors seek safety.
What’s Up on Wall Street?
The Dow Jones Industrial Average lost 53.75 points (-0.35%) while the Nasdaq also went down 6.24 points (-0.17%). The S&P 500 decreased 6.16 points (-0.36%).
Current Mortgage Rates
Here are some of today’s mortgage rates:
- 30-Year Fixed: 4.375% (4.61% APR)
- 15-Year Fixed: 3.375% (3.758% APR)
- 5-Year ARM: 2.875% (3.12% 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
Investors Sweat the Fed: Stocks Fall Again
The New York Times
Washington Steps Warily on Housing
The MReport
Home Prices Up 11.9% in June, More Double-Digit Gains Expected
The post Treasuries Advanced for the First Time in Three Days – Market Update appeared first on the ZING Blog by Quicken Loans.