| The KUIK Closing Market Report for Tuesday, November 26: | |||||||
| Markets finished flat. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 0 | points | 16,073 | 1:29 PM | ||
| S&P500 | Up | 0.01% | percent | 1,803 | 0.27 | ||
| Nasdaq Composite | Up | 0.58% | percent | 4,018 | 23.18 | ||
| 30 Year Treasury | Down | (5) | Basis Points | 3.79 | Annual Yield | ||
| In surprise move Ed Demarco, the head of the Federal Housing Finance Agency announced the agenicy is keeping conforming loan limits at the same level in 2014. In most areas of the country including Portland, the most Fannie Mae and Freddie Mac can guarantee is $417,000 for a one-unit property.He said in October that the regulator was considering lowering the maximum. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/conforming-loan-limits-frozen-by-regulator-2013-11-26 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||