The stock market is taking some thumps this month as the market continues to react to the spread of the COVID-19 Delta variant and the Federal Reserve prepares for another upcoming meeting. All three major indices saw decreases last week with tech stocks again leading to the decline. September is notoriously a down month for the S&P, according to the Stock Trader’s Almanac, as it averages a 0.4% drop in the month.
Meanwhile, mortgage rates continue to stay relatively flat.
Continue reading Market struggles as housing hits roadblocks at Movement Mortgage Blog.
from Movement Mortgage Blog https://ift.tt/3hHnbOr
via Naza Finance Blog
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