Daily Market Update 4/11/13

Mortgage rates were little changed Thursday in volatile trading.  In economic news, weekly Jobless Claims fell to 346,000, well below expectations, leading many investors to conclude that last week’s large jump in claims was a temporary distortion due to the Easter holiday.  Import Prices declined 0.5%, matching forecast.  Results from today’s 30-year Treasury auction will be released at 1:00 PM.

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