| The KUIK Closing Market Report for Thursday, May 15: | |||||||
| Markets finished down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (167) | points | 16,447 | 2:36 PM | ||
| S&P500 | Down | -0.9% | percent | 1,871 | (17.68) | ||
| Nasdaq Composite | Down | -0.8% | percent | 4,069 | (31.33) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.34 | Annual Yield | ||
| The average rate for a 30-year fixed-rate mortgage fell to 4.20% in the week ended May 15 — the lowest rate since November — down from 4.21% last week , according Freddie Mac. A year ago, the 30-year rate was at 3.51%. The average rate for the 15-year fixed fell to 3.29% down from 3.32%. | |||||||
| 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-ticks-down-to-420-2014-05-15-109104 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||