Business News

Current Mortgage Rates Today – Loan rates rise at SunTrust but fall at JPMorgan Chase

15-Year Mortgage Rates

(Best Syndication News) Mortgage interest rates began to rise after two-straight days of declines (see the mortgage rate charts below). Although some of the benchmarks were higher, the rise in secondary lending rates pushed loans up at U.S. Bank, SunTrust, KeyBank, and PNC; however, JPMorgan Chase lowered their rate.

Benchmarks

The Boeing Company (NYSE:BA) weighed on the Dow Jones Industrial Average today pushing the index down 23 points, however the wider market gained value. Because there are only 30 constituents in the Dow, a three percent pull-back in the value of BA had a major influence on the index.

Dunkin’ Donuts plans expansion for Southern California Locations

Credit: National Cancer Insitute Renee Comet (Photographer)- PD

(Best Syndication News) - Dunkin Brands Group Inc. (NASDAQ: DNKN) announced plans to open more Dunkin’ Donut stores in 2013, especially in Southern California. The company’s long-term goal is to have over 15,000 Dunkin’ Donuts restaurants operating in the United States.

The company is looking for multi-unit franchisees for the counties of Los Angeles, Riverside, San Diego, San Bernardino, Ventura, and Orange. The restaurants would start to open in 2015. The company is also seeking other franchise opportunities, such as operating within a college, university, military base, supermarket, and airport or travel center.

Current Mortgage Rates Today – HSBC and KeyBank among banks lowering loan rates

Chart VA mortgage rates

(Best Syndication News) A drop in secondary yields pushed mortgage rates lower today after weak manufacturing numbers were released by the Federal Reserve (see the mortgage rate charts below). Nearly all of the major banks, including JPMorgan Chase, KeyBank, HSBC, and Bank of America, lowered their mortgage loan rates.

Benchmarks

Stock markets in the United States opened lower Tuesday after disappointing economic news put pressure on the major indexes. There was a pull-back on stock prices early in the morning but by the closing bell there was a reprieve.

Ford unveils Atlas Concept Pickup Truck at Detroit Auto Show

Ford Atlas Concept Pickup Truck - Credit: Ford Motor Company

(Best Syndication News) - Ford Motor Company (NYSE:F) showed off the Ford Atlas Concept pickup truck today at the Detroit Auto Show.

The Ford Atlas Concept came about after their designers listened to customers. The broad stance, elevated wheel arches, and outstanding grille add to the image of the company’s Built Ford Tough motto. The design features address the professional and personal use of the pickup truck.

Current Mortgage Rates Today – Wells Fargo and Bank of America Lower Rates

Graph of FHA mortgage Rates

(Best Syndication News) Mortgage interest rates fell sharply following a trend in the secondary and capital markets (see the mortgage rate charts below). JPMorgan Chase and KeyBank raised some of their rates; however, Wells Fargo and Bank of America lowered them.

Benchmarks

Stocks were mixed but mostly lower today as investors fretted over the debt ceiling and a possible renegotiation on spending cuts next month. President Barack Obama told Congress that he will not negotiate on the debt ceiling and his Treasury Secretary, Timothy Geithner, said the government will likely run out of money in mid February.

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