Closing Market Report 10/2/2014

The KUIK Closing Market Report for Thursday, October 2:
Markets were mixed.
Direction Change Units  Last Time Change
Dow Down                      (4) points           16,801 1:59 PM
S&P500 Unchanged 0.0% percent             1,946        0.01
Nasdaq Composite Up 0.2% percent             4,430        8.11
30 Year Treasury Up                       4 Basis Points               3.15 Annual Yield
The average rate on a thirty year fixed rate mortgage fell to 4.19% down from 4.2% in the week ended October 2 according to Freddie Mac.  A year ago  the rate was 4.22%. The 15-year fixed rate was unchanged at 3.36%.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/30-year-fixed-rate-mortgage-edges-down-to-419-freddie-mac-2014-10-02
For today’s Closing Market Report click to listen->