February Durable Orders fell -1.7%, below the consensus for an increase of 1.0%. The core capital goods component, a proxy for business investment, was similarly weak. overs
The Mortgage Bankers Association weekly purchase activity index rose by 11%, while the refinancing activity index increased by a huge 82%. Average rates for the prior week fell to 5.74% from 5.98% for 30-year fixed mortgages.
Today's Market Movers
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment