Daily Market Update 2/28/12

Mortgage rates held steady Tuesday following the release of mixed economic data.  January Durable Goods Orders tumbled 4.0%, below the consensus forecast for a decline of 1.0%, and the largest decrease since January 2009.  Consumer Confidence rose to 70.8, beating expectations.  The S&P/Case-Shiller 20-city home price index was 4.0% lower than one year ago.  No other key data will be released today.

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