Closing Market Report 11/19/2015

The KUIK Closing Market Report for Thursday, November 19:
Markets were flat.
Index Direction Change Units Index Time Change
Dow Down                      (4) points         17,733 1:15 PM
S&P500 Down -0.1% percent           2,081       (2.34)
Nasdaq Composite Down 0.0% percent           5,074       (1.56)
30 Year Treasury Down                      (4) Basis Points            3.00 Annual Yield
A composite index of mortgage applications compiled by the Mortgage Bankers Association rose 6.2% last week. Purchase applications jumped 12%, and refinances were up 2%. A non-seasonally adjusted index of purchase applications was 19% higher than the same week a year ago.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/rising-mortgage-rates-not-quelling-housing-demand-2015-11-19
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