| The KUIK Closing Market Report for Monday, April 7: | |||||||
| Markets had another big down day. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (167) | points | 16,246 | 2:58 PM | ||
| S&P500 | Down | -1.08% | percent | 1,845 | (20.05) | ||
| Nasdaq Composite | Down | -1.16% | percent | 4,080 | (47.97) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 3.56 | Annual Yield | ||
| Fannie Mae analyst David Kopita says people are buying second homes. He says the uneven economic recovery has benefited the second-home buyer, who tends to be older, earns more, and makes a larger down payment. Not surprisingly, Florida has been the big beneficiary. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/04/07/second-home-activity-recovering-from-crisis-fannie-mae-says/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||