| The KUIK Closing Market Report for Tuesday, September 22: | |||||||
| Markets were down. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (180) | points | 16,330 | 1:47 PM | ||
| S&P500 | Down | -1.2% | percent | 1,943 | (24.23) | ||
| Nasdaq Composite | Down | -1.5% | percent | 4,757 | (72.23) | ||
| 30 Year Treasury | Down | (11) | Basis Points | 2.93 | Annual Yield | ||
| The Federal Reserve , as part of its annual look at home mortgage disclosure data, looked at the impact of ability-to-repay and qualified mortgage rules put into affect in January 2014 that require lenders to make sure home buyers can afford a mortgage based on the borrower’s income, debt, and credit history. The Fed did not find any evidence that credit was restricted as a result of the rules. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/dodd-frank-is-not-killing-mortgage-access-for-home-buyers-2015-09-22 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||