| The KUIK Closing Market Report for Monday, October 6: | |||||||
| Markets were down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (18) | points | 16,992 | 1:21 PM | ||
| S&P500 | Down | -0.2% | percent | 1,965 | (3.08) | ||
| Nasdaq Composite | Down | -0.5% | percent | 4,455 | (20.82) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.13 | Annual Yield | ||
| The average mortgage age hit a record-high of more than 54 months in August, up from an average of about 50 months in August of 2013, according to Black Knight Financial Services. That age is how long a borrower has a loan before paying it off, either by selling the home, refinancing, or because the loan was closed due to foreclosure. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/10/06/mortgage-age-hits-a-record-high-on-tight-credit-interest-rates/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||