Daily Market Update 2/17/10

Mortgage rates were little changed Wednesday on mixed economic data. January Housing Starts increased 3% to an annual rate of 591,000 units, the highest level in six months, beating forecast. Meanwhile, Building Permits, a leading indicator, fell 5%. Industrial Production rose 0.9%, in line with expectations. The minutes from last month’s FOMC meeting will be released at 2:00 PM.

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