Daily Market Update 3/28/12

Mortgage rates were little changed Wednesday.  February Durable Goods Orders rose 2.2%, below the consensus forecast of +3.0%.  The Mortgage Bankers Association weekly purchase activity index increased by 3.3%, while the refinance activity index fell by 4.6%.  Average reported 30-year fixed rates rose to 4.23%, not including fees.  Results from today’s 5-year Treasury auction will be released at 1:00 PM.

Leave a Reply

Your email address will not be published.

Back to top