Account
Reuters
Wall Street's fiscal cliff celebration could go up in smoke amid apprehension over another round of bruising battles in Washington ahead.
Wall Street stormed into 2013 with a euphoric rally as traders cheered a short-term compromise in Washington that clawed the U.S. back from the recession-inducing fiscal cliff.
Much like many members of Congress, investors cheering the last minute fiscal cliff deal are reacting to an alternative narrative.
Moody's said Wednesday the U.S. needs to take more dramatic action than the recently passed fiscal cliff measures in order to shake the negative outlook on its top-notch debt rating.
While CEOs were relived $600 billion in tax hikes and spending cuts won't kick the fragile economy in the gut, their gratitude was salted with insults.
Boeing secured an order valued at $6 billion with Aviation Capital Group on Wednesday for 60 of the jet maker’s new 737 MAX airplanes.
Thursday at 8p ET: Boehner’s future as Speaker hangs in the balance… Can he survive his own fiscal cliff fallout?
Thursday at 9p ET: Can you imagine a day without the internet? No browsing, buying, selling or downloading! Will new regulations choke out our rights?
| Loan Type | Graph | Rate | +/- | Last Week |
|---|---|---|---|---|
| 30 Y Fixed |  |
3.45% | -- | 3.45% |
| 15 Y Fixed | |
2.82% |  |
2.84% |
| 30 Y Fixed Jumbo | |
4.06% | |
4.08% |
| 5/1 ARM | |
2.86% |  |
2.84% |
| 5/1 Jumbo ARM | |
2.89% | |
2.97% |
| Loan Type | Graph | Rate | +/- | Last Week |
|---|---|---|---|---|
| $30K HELOC | |
4.56% | |
4.57% |
| $50K HELOC | |
4.19% | -- | 4.19% |
| $30K Loan | |
5.52% | |
5.53% |
| $50K Loan | |
5.21% | -- | 5.21% |
| $75K Loan | |
5.19% | -- | 5.19% |
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