| The KUIK Closing Market Report for Tuesday, October 14: | |||||||
| Markets ended mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (6) | points | 16,315 | 2:19 PM | ||
| S&P500 | Up | 0.2% | percent | 1,878 | 2.96 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,227 | 13.52 | ||
| 30 Year Treasury | Down | (6) | Basis Points | 2.96 | Annual Yield | ||
| Wells Fargo the country’s No. 1 mortgage originator, said it made $48 billion in new home loans in the third quarter, slightly more than in the second but down 40% from 2013. Number 2 J.P. Morgan Chase said its third-quarter originations hit $21 billion, up from $17 billion in the second quarter, and down 48% from a year ago. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/at-wells-fargo-and-chase-mortgage-lending-inches-up-2014-10-14 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||