In observance of President Ford’s death, the NYSE, NASDAQ and the Federal Reserve Board are closed today. This marks the first time that markets are closed for four consecutive days since the days following the attacks on September 11, 2001.
Despite the closures, the Federal Reserve’s regional banks will continue to operate as usual so money can still be wired between bank accounts and to title/escrow companies.
Rate locks expiring and purchase closings scheduled for today are not in any sort of danger whatsoever.
