Housing Mortgages Information

Mid-Day Recap: Indifferent Markets Lead to Choppy Trading

At 1:30 the S&P is 0.44% lower to 1,023, while the Dow is essentially flat, -0.01% to 9,542, and the NASDAQ is -0.87% to 2006. On the debt side of the market the Treasury Department has successfully auctioned $28 billion 7 year notes. Following the auction the rates market rallied a bit but quickly returned to pre-auction price levels. It has been a choppy day for stocks. …(read more)