Mortgage rates inched lower Wednesday in volatile trading. Durable Goods Orders declined by 5.2% last month, a bit more than expected. Pending Home Sales jumped 4.5%, well above expectations, to the highest level since April 2010. Stocks moved higher. Federal Reserve Chairman Ben Bernanke will testify before Congress about current monetary policy for a second day. Results from today’s 7-year Treasury auction will be released at 1:00 PM.