Daily Market Update 10/21/10

Mortgage rates moved higher Thursday as Treasurys outperformed mortgage-backed securities. In economic news, weekly Jobless Claims fell to 452,000, beating forecast. Leading Indicators rose 0.3%, in line with expectations. Stocks moved higher. Freddie Mac reported average 30-year fixed rates of 4.21% with 0.8 points last week, up from 4.19% the previous week. No other data will be released today.

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