The primary stock indices in the U.S. pushed into the green last session as
economic data posted and was better than expected. Ultimately, all three
composites in the U.S. finished the last session green. DJIA, Nasdaq, S&P 500
Index Close Review Today: The Dow Jones finished the session higher by 123.13 at
12,904.08. The Nasdaq finished the session higher by 44.02 at 2,959.85. The S&P
500 finished the session higher by 14.81 at 1,358.04. Economic Data Review U.S.
Today: Two primary reports pulled the attention of investors last session and
helped the primary indices push higher. Initial unemployment claims dropped
lower again to a level lower than any seen in about four years. The number of
Americans filing for their second week of unemployment benefits dropped lower as
well. Also skewed in a positive fashion was the housing starts report. According
to this data via the Commerce Department, housing starts in January rose by 1.5
percent to an annual rate of 699,000. Building permits rose by .07 percent in
January. Both figures represent increases better than what economists were
anticipating. Home loan and mortgage interest rates remain at all time lows as
well. Home loan current mortgage interest rates: According to Freddie Mac the 30
year fixed rate mortgage is posting at 3.87 percent and the 15 year fixed rate
mortgage is posting at 3.16 percent. Todays mortgage interest rates remain low
and trending for mortgage interest rates is skewed negative over the last
several years. Todays home loan interest rates will help to support the positive
momentum observed in the housing sector. Stephen Johnson
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