FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

HW 30 heats up as Northeast goes cold

Stock tickers
/ Print / Reprints /
| Share More
/ Text Size+

The markets were having another downer day on the second day of trading of 2014, in some measure thanks to warnings from Philadelphia Fed president Charles Plosser about rapidly rising interest rates while speaking Friday at the American Economic Association meeting.

Trading was light due to the massive winter storm that slammed the east coast on the last day of the New Year’s holiday week, but all the measures were down.

As of 2 p.m. ET, the Dow Jones was down 0.82% to 16,441.35, while the Nasdaq was down 0.32% to 4129.90 and the S&P 500 was off 0.09%, standing at 1,830.32.

The HW 30 (HW30) equity index of firms driving the U.S. housing economy was up 0.63% to 1099.15, driven largely by gains among financial institutions and investors.

Highlights included Bank of America Corp. (BAC) up 1.86%, JPMorgan Chase & Co. (JPM) up 0.73%, and Wells Fargo & Co. (WFC) up 0.72%.

Recent Articles by Trey Garrison

Comments powered by Disqus