Closing Market Report 9/5/2013

The KUIK Closing Market Report for Friday, September 6:
Markets finished up.
Direction Change Units  Last  Time Change
Dow Up                       7 points           14,931 1:34 PM
S&P500 Up 0.30% percent             1,655
Nasdaq Composite Up 0.31% percent             3,659
30 Year Treasury Up                       8 Basis Points               3.80 Annual Yield
The average rate for a 30-year fixed-rate mortgage rose to 4.57% in the week that ended Sept. 5, near the highest rate in two years, from 4.51% in the prior week, according Freddie Mac. The 15-year rose to 3.59% from 3.54%.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/30-year-mortgage-rate-rises-to-457-2013-09-05-1091012
For today’s Closing Market Report click to listen->