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dow2664 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. Today’s mortgage interest rates remain low and trending for mortgage interest rates is skewed negative over the last several years. Today’s home loan interest rates will help to support the positive momentum observed in the housing sector. Stephen Johnson
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