| The KUIK Morning Market Report for Wednesday, September 26: | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | ||
| Dow | Down | 34 | points | 13,423 | 8:01 AM | ||
| S&P500 | Down | 0.6% | percent | 1,433 | |||
| Nasdaq Composite | Down | 1.0% | percent | 3,084 | |||
| 30 Year Treasury | Down | (23.0) | basis points | 2.80 | |||
| The Federal Reserve’s bond purchases are helping profit margins at lenders more than homeowners. Home loans have dropped an average of 11 basis points since the start of QE3. Mortgage bonds that securitize those loans have dropped 60 basis points. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||