| The KUIK Closing Market Report for Thursday, May 2: | |||||||
| Markets had a big up day. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 131 | points | 14,832 | 2:06 PM | ||
| S&P500 | Up | 0.94% | percent | 1,598 | 14.89 | points | |
| Nasdaq Composite | Up | 1.26% | percent | 3,341 | 41.49 | points | |
| 30 Year Treasury | Down | (1) | Basis Points | 2.83 | Annual Yield | ||
| Mortgage rates have dropped again, continuing to support housing affordability, with the average rate on the 15-year fixed-rate mortgage hitting a record low of 2.56% in the week ending May 2, down from 2.61% last week, according to Freddie Mac in its weekly report. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/15-year-mortgage-rate-hits-record-low-of-256-2013-05-02-1091013?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||