Closing Market Report 9/21/2015

The KUIK Closing Market Report for Monday, September 21:
Markets were up.
Index Direction Change Units Index Time Change
Dow Up                    125 points         16,510 1:16 PM
S&P500 Up 0.5% percent           1,967        8.94
Nasdaq Composite Up 0.0% percent           4,829        1.73
30 Year Treasury Up                     11 Basis Points            3.04 Annual Yield
The number of first mortgages extended to subprime borrowers people with credit scores below 620 was up 30.5% in the first five months of 2015, according to data from c Equifax. The number of home equity loans to subprime borrowers climbed 29.5%, while home equity lines of credit were up 20.4%. That is below the pace of subprime lending extended prior to the 2008 Recession.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/subprime-mortgage-lending-rises-sharply-but-remains-well-below-crisis-levels-2015-09-21
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